Innomet Advanced Materials Approves Preferential Warrant Issue, ESOP, and Appoints Key Managerial Personnel
Innomet Advanced Materials Ltd. announced several key operational and corporate decisions following a Board meeting held on August 24, 2026. The Board considered and approved the issuance of equity share warrants, the launch of a new Employee Stock Option Scheme (ESOP), and the appointment of a Key Managerial Personnel (KMP).One of the major decisions involved the creation, issuance, and offer of Equity Share Warrants to the non-promoter category. The company approved the issuance of up to 11,92,200 warrants at a price of Rs. 210.00 per warrant, with an aggregate issue amount estimated at approximately Rs. 25,03,62,000. The...