1,50,00,000 Warrants Allotted to Promoter Group Trust at Rs. 32.55 Each
The Board has allotted 1,50,00,000 warrants on a preferential basis to N.K. Family Private Trust, part of the promoter group.
- Warrant Allotment Quantity
- 1,50,00,000 warrants
- Warrant Issue Price
- Rs. 32.55 per warrant
- Total Aggregated Value
- ₹ 48,82,50,000
- Upfront Money Received
- ₹12,20,62,500 (25% of issue size)
- Recipient
- N.K. Family Private Trust (promoter group)
What was announced
The Board of Aerpace Industries Limited has allotted 1,50,00,000 warrants on a preferential basis to N.K. Family Private Trust, which belongs to the promoter group of the company.
The money involved
- Warrant issue price: Rs. 32.55 per warrant
- Total size if fully converted: ₹ 48,82,50,000
- Amount received before allotment: ₹12,20,62,500, which is 25% of the total
How warrants work
A warrant is a right, not an obligation, to receive one equity share later. The holder typically pays 25% upfront and the remaining 75% at the time of conversion within the permitted period. If the balance is not paid, the upfront amount is forfeited by the company.
Background
The Board had approved this issue on July 09, 2026 and the members (shareholders) approved it on August 08, 2026. The current step completes the allotment.
What investors may note
The funds come from a promoter group entity, which is often read as promoter commitment. At the same time, if and when the warrants convert into equity shares, the total share count rises and existing shareholders' holdings get diluted proportionately.
Also from Aerpace Industries
Aerpace Industries Ltd promoter buys 9.74% stake
5 Oct 2026
Ex-Defence Secretary Giridhar Aramane appointed Additional Non-Executive Director; one director resigns
24 Sep 2026
Former Defence Secretary Giridhar Aramane appointed Additional Non-Executive Director; Rajesh Bhandari joins Advisory Board; Milan Shah…
24 Sep 2026
More numbers
- Warrants allotted1,50,00,000
- Warrant issue priceRs. 32.55
- Aggregate issue size₹ 48,82,50,000
- Upfront amount received₹12,20,62,500/-
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.