Digikore Studios Completes Preferential Allotment of Equity Shares to Promoter
Digikore Studios Limited has announced the completion of a preferential allotment of equity shares. The company granted 14,15,701 fully paid up equity shares at an issue price of Rs 77.70 per share, which includes a premium of Rs 67.70.The Board of Directors approved the allotment on June 25, 2026. The securities were allotted by way of preferential issue to an identified promoter.
The transaction involved the issuance of Equity Shares with a face value of Rs 10 each. The total consideration aggregating up to Rs 11,00,00,000 was secured through the conversion of outstanding loans into equity.
Mr. Abhishek Rameshkumar More, a Promoter, is the recipient of the 14,15,701 equity shares.
The key details of the preferential allotment are summarized below:
| Particular | Details |
|---|---|
| Type of Securities Issued | Equity Shares |
| Issuance Type | Preferential Allotment |
| Total Number of Shares | 14,15,701 fully paid up shares |
| Issue Price per Share | Rs 77.70 |
| Premium per Share | Rs 67.70 |
| Total Transaction Value | Rs 11,00,00,000 (Rupees Eleven Crores Only) |
| Recipient of Shares | Mr. Abhishek Rameshkumar More (Promoter) |
DIGIKORE Stock Price Movement
On Thursday, shares of Digikore Studios Limited slipped by 6.18% to settle at ₹48.85, closing significantly lower from the previous close. The stock experienced intraday volatility, trading within a range of ₹48.25 and ₹51.6 before eventually settling at the closing price.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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