<h1>Promoter Acquires 18 Lakh Convertible Warrants in Atmastco Limited through Preferential Allotment</h1>
Atmastco Limited confirmed the acquisition of convertible warrants by its promoter, Subramaniam Swaminathan Iyer. The transaction involved a preferential allotment of 18,00,000 Convertible Equity Warrants to Mr. Iyer on June 24, 2026. This acquisition represented 6.88% of the total paid up shares capital upon completion of the transaction.
The purchase of the warrants was executed through Preferential Allotment and details reflect the changes in the promoter's stake within Atmastco Limited.
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Total Equity Shares Held by Promoter | 73,04,277 | 91,04,277 |
| Percentage of Total Paid Up Shares Capital (Warrants) | N/A | 6.88% |
The acquisition significantly impacted the company's capital structure metrics. Before the transaction, Atmastco Limited reported an Equity Share Capital of INR 2,47,34,690. Following the allotment, the company’s Equity Share Capital increased to INR 2,61,58,290 (all issued at INR 10/- per share).
The total diluted share capital of Atmastco Limited after the acquisition stood at 2,84,08,290 equity shares of INR 10/- each. The transaction underscores the promoter’s continued involvement and increased stake in the company through this allotment of convertible securities.
ATMASTCO Stock Price Movement
On Thursday, Atmastco Limited's shares slipped by 2.38%, settling at ₹169.75 as the stock concluded trading for the day. The equity saw a total traded volume of 27,200 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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