<h1>Committed Cargo Care Limited Allots 5,30,840 Equity Shares Following Warrant Conversion</h1>
Committed Cargo Care Limited announced a significant transaction resulting from its Fund-Raising Committee meeting held on July 18, 2026. The company approved the allotment of 5,30,840 equity shares consequent to the conversion of warrants.
The new shares were issued to Century India Opportunity Fund PC, designated as a Foreign Portfolio Investor and belonging to the Non-Promoters/Public Category. The allotted equity shares have a face value of Rs. 10/- each and an issue price of Rs. 81/- per share, which includes a premium of Rs. 71/-.
The company received a balance amount aggregating to Rs. 3,22,48,530/-, corresponding to the allotment of these shares. This was secured at a rate of Rs. 60.75 per warrant (representing 75% of the issue price).
| Allottee Name | Warrants Applied for Conversion | Equity Shares Allotted | Amount Received (in Rupees) |
|---|---|---|---|
| Century India Opportunity Fund PC | 5,30,840 | 5,30,840 | 3,22,48,530 |
The transaction marks a key update in the company’s capital structure. Following this allotment of equity shares and warrant conversion, the issued and paid-up capital of Committed Cargo Care Limited stands increased to Rs. 12,20,04,400/-. This capital is composed of 1,22,00,440 equity shares with a face value of Rs. 10/- each.
The newly allotted equity shares rank pari-passu with the existing equity shares of the Company.
The company further noted that there are 41,09,160 total warrants currently outstanding for conversion. Holders of these remaining warrants retain the right to convert them into an equal number of Equity Shares by paying the remaining balance amount of Rs. 60.75 per warrant within a period of 18 months from the date of warrant allotment.
COMMITTED Stock Price Movement
Shares of Committed Cargo Care Limited slipped on Friday, shedding 5.00% from the previous close to settle at ₹313.5. The stock traded a total volume of 800 shares during the session.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.
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