Agarwal Toughened Glass India Details Preferential Allotment of Equity Shares and Warrants
Agarwal Toughened Glass India Limited announced details regarding the preferential allotment of equity shares and warrants, following approval granted by its shareholders at an Extraordinary General Meeting held on Wednesday, May 6, 2026.The company informed stakeholders about the planned issue of 17,46,000 equity shares and 46,80,000 warrants under a preferential basis, which was approved during the Extra Ordinary General Meeting (EGM).
The allotment is designated for the promoter/promoter group members and certain identified non-promoter persons or entities. Regarding the intent of the promoters, the company specified that Mahesh Kumar Agarwal, Sharda Agarwal, Sharda Devi Agarwal, and Palak Agarwal—all part of the Promoter and Promoter Group—have indicated their intention to subscribe to the Equity Shares and Warrants on a preferential basis. The company noted that no other Promoter or Promoter Group members, Directors, or Key Managerial Personnel intend to subscribe to any equity shares and/or warrants under the current Preferential Allotment or contribute separately in furtherance of these objectives.
The maximum number of Equity Shares and Warrants intended for allotment to specific promoter entities is detailed below:
| Sr No | Particulars | Maximum No. of Equity Shares to be Allotted | Maximum Aggregate Amount (in ₹) | Maximum Number of Warrants to be Allotted | Maximum Aggregate Amount (in ₹) |
|---|---|---|---|---|---|
| 1. | Mahesh Kumar Agarwal - Promoter | 1,08,000 | 1,17,72,000 | 8,40,000 | 9,15,60,000 |
| 2. | Sharda Agarwal - Promoter | 96,000 | 1,04,64,000 | 7,62,000 | 8,30,58,000 |
Further details concerning the allotted shares and warrants for other promoter group members are as follows:
| Sr No | Particulars | Maximum No. of Equity Shares to be Allotted | Maximum Aggregate Amount (in ₹) | Maximum Number of Warrants to be Allotted | Maximum Aggregate Amount (in ₹) |
|---|---|---|---|---|---|
| 3. | Sharda Devi Agarwal - Promoter Group | 78,000 | 85,02,000 | 4,50,000 | 4,90,50,000 |
| 4. | Palak Agarwal - Promoter Group | 48,000 | 52,32,000 | 3,60,000 | 3,92,40,000 |
AGARWALTUF Stock Price Movement
Agarwal Toughened Glass India Limited shares settled today, shedding 0.04% and closing at ₹125.60. The stock traded within a tight intraday range, concluding at the day's low of ₹125.60 with a volume of 2,400 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.