On preferential basis
The board of SPML Infra through circular resolution passed on 18 July 2026, inter-alia, has considered and approved the following:
1. Allotment of 3,09,141 equity shares of face value of Rs. 2/- each at a price of Rs. 186/- per equity share including premium of Rs. 184/- per equity share, on preferential basis to non-promoters by infusion of Rs. 5.75 crore.
2. Allotment of 3,84,858 equity shares of face value of Rs. 2/- each at a price of Rs. 186/- per equity share including premium of Rs. 184/- per equity share, on preferential basis to National Asset Reconstruction company, (Non-promoter) on conversion of 7.16 crore existing loan in the company.
3. Allotment of 95,39,449 warrant, at a price of Rs. 186/- per warrant on preferential basis to Promoter group and non-promoter. Each warrant shall be converted into equity shares of the company at Rs. 186/- including premium of Rs. 184/- per shar
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First Published: Jul 18 2026 | 12:31 PM IST