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:
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