Affle 3i Allots 17.04 Lakh Shares to Promoter on Warrant Exercise; Rest to Follow After Currency Conversion
- Capital raise
- Digital Advertising
Affle 3i Limited has told the exchanges that it allotted 17,04,324 equity shares of face value ₹2 each to Affle Holdings Pte. Ltd., its promoter company, on exercise of warrants, following its intimation of 16 Oct 2026 about receiving the funds. The allotment is preferential.
Issued, subscribed and paid-up share capital rises to ₹28,52,37,344, divided into 14,26,18,672 equity shares of ₹2 each. The allotment for the remaining USD 14.99 million (about ₹142.43 crore) remitted by the promoter will be made after currency conversion from US dollars to rupees. The company is applying to NSE and BSE for listing of the new shares.
Sign up to continue reading
Create a free account to read the rest of this article and the analysis that follows.
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
