Cosmic CRF Ltd. Allots Equity Shares Following Warrant Conversion
Cosmic CRF Limited (Scrip Code: 543928) announced on March 26, 2026, that its Board of Directors approved the conversion of 18,600 share warrants issued to the Promoter Group into equity shares. Simultaneously, 18,600 fully paid-up equity shares were allotted to the Promoter Group upon the conversion of these convertible warrants.The allotment was made for cash, with the Promoter Group paying a balance exercise price of Rs. 1,210.50 per warrant, totaling Rs. 2,25,15,300. The issue price per share was Rs. 1614, including a securities premium of Rs. 1604.
Following the allotment, the issued and paid-up capital of the company stands at Rs. 9,20,62,430, with 92,06,243 shares outstanding.
The newly allotted equity shares rank pari passu with existing shares in all respects.
Details of Allottees:
The following table provides a summary of the allotment:
| Allottee(s) | Category | Pre-Issue Equity Holding | Post-Issue Equity Holding |
|---|---|---|---|
| Mrs. Purvi Birla | Promoters Group | 750,000 | 756,300 |
| Aditya Vikram Birla HUF | Promoters Group | 5,000 | 17,300 |
| Total | Total | 7,55,000 | 7,73,600 |
The Board meeting commenced at 11:00 A.M. and concluded at 11:35 A.M.
Source:
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.