Samyak International approves Rs. 6.8 Crore preferential issue & warrants
FUNDRAISE
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 12 Jun 2026, 05:37 PM IST · BSE ID: f1f4181c-c8f8-46c0-9161-3551bba560de
View Original BSE Filing (PDF)
💡
In Simple Terms
The company will raise funds by selling shares and warrants to specific investors at a fixed price.
🤖 AI Summary
- Board approved preferential issue of 40,00,000 equity shares at INR 17 each.
- Board approved 40,00,000 warrants convertible to equity shares at INR 17 each.
- Total fundraise from both equity and warrants aggregates up to INR 6,80,00,000 each.
- Extra-Ordinary General Meeting scheduled for July 9, 2026, for shareholder approval.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Equity Shares to be issued
40,00,000
Warrants to be issued
40,00,000
Issue Price per Equity Share
INR 17/-
Issue Price per Warrant
INR 17/-
Total value of Equity Share Preferential Issue
INR 6,80,00,000/-
Total value of Warrant Preferential Issue
INR 6,80,00,000/-
🏢 How This Affects the Company
The fundraise aims to provide capital for the company's operations and growth initiatives, subject to shareholder and regulatory approvals.
The issuance of equity shares and warrants will increase the company's share capital and potentially strengthen its balance sheet, depending on the use of funds.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will vote on the preferential issue and warrants at the upcoming Extra-Ordinary General Meeting.
👤
Who Is Affected
Existing shareholders will be affected by potential dilution of their stake upon issuance of new shares and warrants.
🔍
Management Signal
Management is pursuing a significant capital raise through preferential allotment to fund company activities.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
EGM outcome for preferential issue and warrants approval.
Regulatory approvals for the preferential allotment.
Details on the investors participating in the preferential issue.
MEDIUM RISK
Fundraise subject to shareholder and regulatory approvals; potential dilution for existing shareholders.
💡 Investor Takeaway
Samyak International approved a preferential issue of up to 40,00,000 equity shares and 40,00,000 warrants at INR 17 each, aiming to raise INR 6,80,00,000 from each. EGM on July 9, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Total potential fundraise of INR 6,80,00,000 via preferential issue of shares.
- Total potential fundraise of INR 6,80,00,000 via preferential issue of warrants.
❓ Frequently Asked Questions
What did Samyak International's Board approve on June 12, 2026?
The Board approved a preferential issue of up to 40,00,000 equity shares and 40,00,000 warrants, both at INR 17 each.
What is the total value of the proposed preferential issue of equity shares?
The total value of the preferential issue of equity shares is up to INR 6,80,00,000/-.
What is the total value of the proposed preferential issue of warrants?
The total value of the preferential issue of warrants is up to INR 6,80,00,000/-.
When will Samyak International hold its Extra-Ordinary General Meeting?
Samyak International will convene its Extra-Ordinary General Meeting on Thursday, July 09, 2026.
At what price will Samyak International issue equity shares and warrants?
Equity shares and warrants will be issued at a price of INR 17/- each, including a premium of INR 7/-.
Questions based on this BSE filing only. For information purposes.