Board approves preferential allotment of 2,50,000 equity shares to promoter entity
Board approved allotment of 2,50,000 equity shares on a preferential basis.
- Equity Shares Allotted
- 2,50,000 equity shares on a preferential basis
- Issue Price
- Rs. 423/- per share = Rs. 10/- face value + Rs. 413/- premium
- Subscription Money Received
- Rs. 10,57,50,000/-
- Paid-up Capital Change
- Rs. 10,55,32,500/- to Rs. 10,80,32,500/-
- Total Equity Shares Change
- 1,05,53,250 to 1,08,03,250
What the Board approved
The Board of Directors, at its meeting held on Monday, October 05, 2026, approved the allotment of 2,50,000 equity shares on a preferential basis at an issue price of Rs. 423/- per equity share. That price consists of Rs. 10/- as face value and Rs. 413/- as premium per equity share.
Who gets the shares
- Allottee: CLN Energy PTE Limited
- Category: Promoter
- Number of equity shares allotted to this allottee: 2,50,000
- Number of investor: 1
The new equity shares will rank pari passu with the existing equity shares of the company.
Money received
The company has received subscription money of Rs. 10,57,50,000/- against the issue of 2,50,000 equity shares.
How the share capital changes
- Paid-up capital before: Rs. 10,55,32,500/-, being 1,05,53,250 equity shares of face value Rs. 10/- each fully paid up
- Paid-up capital after: Rs. 10,80,32,500/-, being 1,08,03,250 equity shares of face value Rs. 10/- each fully paid up
- So the total number of equity shares moves from 1,05,53,250 to 1,08,03,250
What a preferential allotment means for a retail investor
A preferential issue means fresh shares are created and given to a chosen set of investors, here a single promoter entity, instead of being sold to the public. Because the total number of shares increases, every existing shareholder ends up with a smaller percentage of the company than before. In this case the buyer is the promoter, so the promoter's holding rises in relation to other shareholders, and the company receives Rs. 10,57,50,000/- as subscription money. The extent of the change in shareholding percentages depends on the shares held by each investor, which can be compared with the share count moving from 1,05,53,250 to 1,08,03,250.
The update also states that the issue price was determined by the Board in accordance with the pricing guidelines prescribed under Regulation 164 of the ICDR Regulations.
Also from CLN Energy
Board approves preferential allotment of 2,50,000 equity shares at Rs. 423/- to promoter CLN Energy PTE Limited
5 Oct 2026
More numbers
- Equity shares allotted on preferential basis2,50,000
- Issue price per equity shareRs. 423/-
- Face value per equity shareRs. 10/-
- Premium per equity shareRs. 413/-
- Subscription money receivedRs. 10,57,50,000/-
- Paid-up capital before allotmentRs. 10,55,32,500/-
- Paid-up capital after allotmentRs. 10,80,32,500/-
- Equity shares before allotment1,05,53,250 equity shares
- Equity shares after allotment1,08,03,250 equity shares
- Number of investor1
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.