Shree Pushkar Allots 7.36 Lakh Warrants to Promoter Gautam Makharia
Shree Pushkar Chemicals & Fertilisers Limited announced the allotment of 7,36,196 Fully Convertible Warrants to its Joint Managing Director and Promoter, Mr. Gautam Gopikishan Makharia. This allotment...
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Why is Shree Pushkar Chemicals & Fertilisers Limited in the news today?
Shree Pushkar Chemicals & Fertilisers Limited (SHREEPUSHK) is in the news due to the allotment of warrants to a promoter is a standard corporate action and does not inherently indicate positive or negative performance. the terms of the allotment appear to be in compliance with sebi regulations.
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Shree Pushkar Allots 7.36 Lakh Warrants to Promoter Gautam Makharia
December 27, 2025, 07:49 AM
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Shree Pushkar Chemicals & Fertilisers Limited announced the allotment of 7,36,196 Fully Convertible Warrants to its Joint Managing Director and Promoter, Mr. Gautam Gopikishan Makharia. This allotment was approved by the Board of Directors via Circular Resolution on December 27, 2025. The approval for this preferential allotment was previously obtained from the company's members at an Extra-Ordinary General Meeting held on December 10, 2025. The warrants are convertible into fully paid-up equity shares of the company, each with a face value of ₹10. The issue price per warrant is ₹407.50. The company has received 25% of the issue price as a subscription amount, totaling ₹7,49,99,968, in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The stock exchanges, BSE Limited and National Stock Exchange of India Limited, have also provided their 'In Principle Approval' for this transaction.
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