SPML Infra Limited Announces Allotment of 8.5 Lakh Equity Shares on Warrant Exercise
On April 10, 2026, SPML Infra Limited confirmed that its Board of Directors approved the allotment of 8,50,000 equity shares. This allotment is proceeding on the exercise of rights attached to 8,50,000 warrants.The Board of Directors passed the resolution authorizing the allotment of 8,50,000 equity shares, each having a face value of Rs. 2/-.
The shares are being allotted to Niral Enterprises Pvt Ltd, a promoter group entity, at a specified price of Rs. 215/- per equity share. This allotment price includes a premium component of Rs. 213/-.
The financial details pertaining to this allotment are presented below for reference:
| Metric | Value |
|---|---|
| Shares Allotted | 8,50,000 |
| Face Value Per Share | Rs. 2/- |
| Allotment Price Per Share | Rs. 215/- |
| Premium Included | Rs. 213/- |
SPMLINFRA Stock Price Movement
SPML Infra Limited shares edged higher today, closing at ₹188.86 after gaining 1.42%. The stock traded between ₹183.5 and ₹192.9 during the session, recording a total volume of 560,119 shares.Source:
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