Rulka Electricals Allots 56 Lakh Warrants and 1.83 Lakh Equity Shares on Preferential Basis
Rulka Electricals Limited announced significant updates regarding its capital structure following a Board meeting held on July 10, 2026. The outcomes included the preferential allotment of Fully Convertible Equity Warrants (FCEWs) and the issuance of Equity Shares to various investors.The Company confirmed the allotment of FCEWs pursuant to a Special Resolution passed by Members in an EGM on June 06, 2026. These warrants were issued at an issue price of Rs. 109.50/- per warrant, which includes a premium of Rs. 99.50/-. A total of 56,85,808 FCEWs were allotted to eight allottees on July 10, 2026.
The preferential allotment of warrants included investors across Promoters and Public categories. The details of the warrant issuance are summarized below:
| Allottee Name | Category | Warrants Issued |
|---|---|---|
| NITIN INDRAKUMAR AHER | PROMOTER | 16,90,904 |
| RUPESH LAXMANKASAVKAR | PROMOTER | 16,90,904 |
| SHARMILA RUPESH KASAVKAR | PROMOTER GROUP | 1,00,000 |
| PREETI AHER | PROMOTER GROUP | 1,00,000 |
| CORPORATE MERCHANT BANKERS LIMITED | PUBLIC | 1,35,000 |
| VRV Finserv LLP | PUBLIC | 7,00,000 |
| VOLTRIX INC | PUBLIC | 1,10,000 |
| WHERRELZ IT SOLUTIONS LIMITED | PUBLIC | 11,59,000 |
| TOTAL | — | 56,85,808 |
The Company reported that it received 25% of the consideration amount from the proposed allottees. As warrants were allotted, there is currently no change in the paid-up share capital of the company consequent to this transaction.
In addition to the warrant issuance, Rulka Electricals Limited also allotted Equity Shares on a preferential basis. A total of 1,83,000 equity shares were allotted to one allottee at an issue price of Rs. 109.50/- per share, which includes a premium of Rs. 99.50/- per share.
The details related to the allotment of Equity Shares are provided in the table below:
| Shareholder Name | Category | No. of Shares Allotted | Post Issue Shares | % of Post Issue Shareholding |
|---|---|---|---|---|
| Ashlar Securities Private Limited | Non-Promoter | 1,83,000 | 2,50,000 | 1.98 |
Following the allotment of equity shares, the paid up Equity Share Capital of the Company increased to Rs. 4,90,84,000/-. This capital is comprised of 49,08,400 Equity Shares of Rs.10/- each, with a commitment that remaining equity shares will be allotted within due course of time.
The issued Equity Shares are stated to rank pari-passu in all aspects with the existing Equity Shares and shall be listed on the NSE LTD.
RULKA Stock Price Movement
Today, Rulka Electricals Limited saw its stock edges higher, achieving a closing price of ₹101.00 after post-market trading, marking a gain of 3.32%. The movement occurred amid limited activity, with total traded volume recorded at 3,000 shares.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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