Bikewo Green Tech Limited Approves Capital Increase and Preferential Allotment of Shares and Warrants

Bikewo Green Tech Limited Approves Capital Increase and Preferential Allotment of Shares and Warrants​

Bikewo Green Tech Limited announced that its Board of Directors meeting, held on June 22, 2026, approved several key corporate actions relating to capital structure expansion, preferential allotment, and the convening of an Extra Ordinary General Meeting (EGM).

The board decisions included increasing the company's authorized capital to Rs. 40,00,00,000/- (Rupees Forty Crores Only). This increase comprises 4,00,00,000 equity shares, each valued at Rs. 10/-, representing four crore equity shares.

The company also authorized the creation and offering of securities on a preferential basis to both non-promoter and promoter categories.

Preferential Allotment Details​

Non-Promotor Equity Shares:
Bikewo Green Tech Limited approved the creation, issue, and offer of up to 4,85,400 equity shares valued at Rs. 10/- each on a preferential basis to non-promoter category investors. The allotment details for these securities were provided in Annexure A, listing 26 companies or individuals as investors.

Warrants to Promoter and Non-Promoter:
The board also authorized the creation and issuance of up to 2,43,76,400 equity share warrants valued at Rs. 10/- each. This offering is aimed at both promoter and non-promoter categories. Details regarding the investors for the warrants are outlined in Annexure B.

Warrant holders were informed that the equity share warrants will be convertible into an equal number of Equity Shares within a period of 18 months from the Date of Allotment, subject to applicable provisions.

Next Steps and EGM Details​

The board decided to convene an Extra Ordinary General Meeting (EGM) to seek shareholder approval for all the aforementioned items. The EGM is scheduled for Wednesday, July 22, 2026, and will be held via Video Conferencing (VC)/Other Audio-Visual Means (OAVM).

Mr. Jineshwar Kumar Sankhala was appointed as the Scrutinizer for the upcoming Extra Ordinary General Meeting.

BIKEWO Stock Price Movement​

Bikewo Green Tech Limited shares rallied today, gaining 4.15% to settle at ₹30.10 in post-market trading. The stock saw a trading volume of 46,000 shares, having reached an intra-day high of ₹30.30.