Intimation for allotment of 6,93,999 Equity shares and 95,39,449 warrants
FUNDRAISE
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 18 Jul 2026, 11:40 AM IST · BSE ID: af36d786-b6e0-43fa-9411-4595e91c3bf0
View Original BSE Filing (PDF)
💡
In Simple Terms
SPML Infra has raised funds by issuing new shares and warrants to investors and promoters.
🤖 AI Summary
- SPML Infra allotted 6,93,999 equity shares and 95,39,449 warrants on preferential basis.
- Rs. 5.75 Crore infused via equity shares to non-promoters at Rs. 186 per share.
- Rs. 7.16 Crore loan converted to equity for National Asset Reconstruction Company Ltd.
- Rs. 44.36 Crore infused for 95,39,449 warrants at Rs. 186 per warrant.
- Warrants are convertible into equity at Rs. 186 per share within 18 months.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity Shares Allotted
6,93,999
Equity Allotment Price
Rs. 186/- per Equity Share
Funds from Equity Allotment (Non-promoters)
Rs. 5.75 Crore
Loan Converted to Equity
7.16 Crore
Warrants Allotted
95,39,449
Warrant Allotment Price
Rs. 186/- per Warrant
Upfront Infusion for Warrants
Rs. 44.36 Crore
🏢 How This Affects the Company
The company has raised capital through the issuance of equity shares and warrants, strengthening its financial position. The conversion of a loan into equity reduces debt and improves the debt-to-equity ratio.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders. The allotment is complete.
👤
Who Is Affected
Existing shareholders will experience dilution upon the potential conversion of warrants into equity shares.
🔍
Management Signal
Management is actively pursuing capital infusion and debt reduction strategies to strengthen the company's financial footing.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Warrant conversion filings to track future equity issuance.
Future board meetings to approve further tranches of fundraising.
Financial results to show impact of capital infusion and debt reduction.
MEDIUM RISK
Potential equity dilution from warrant conversion and reliance on future conversions.
💡 Investor Takeaway
SPML Infra allotted 6,93,999 equity shares for Rs. 5.75 Crore and 95,39,449 warrants for Rs. 44.36 Crore (25% upfront). A Rs. 7.16 Crore loan was converted into equity.
⚖️ Strengths & Concerns
✅ Positives
- Infusion of Rs. 5.75 Crore from equity allotment to non-promoters at Rs. 186 per share.
- Rs. 44.36 Crore infused upfront for 95,39,449 warrants at Rs. 186 per warrant.
⚠️ Concerns
- Future dilution of equity is anticipated upon conversion of warrants.
- Reliance on conversion of Rs. 7.16 Crore existing loan into equity for National Asset Reconstruction Company Ltd.
📅 Company Track Record
SPML Infra previously raised Rs. 91.26 crore via warrant-converted equity shares and Rs. 18.28 crore via promoter group share allotment in April 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
How many equity shares did SPML Infra allot in this filing?
SPML Infra allotted a total of 6,93,999 equity shares at a price of Rs. 186/- per share.
What is the total amount raised from the allotment of equity shares to non-promoters?
The allotment of equity shares to non-promoters infused Rs. 5.75 Crore.
How many warrants were allotted by SPML Infra and at what price?
SPML Infra allotted 95,39,449 warrants at a price of Rs. 186/- per warrant.
What upfront amount was infused for the warrants?
An upfront infusion of Rs. 44.36 Crore was made for the warrants, representing 25% of the warrant value.
Was any loan converted into equity by SPML Infra in this filing?
Yes, an existing loan of Rs. 7.16 Crore was converted into equity for National Asset Reconstruction Company Ltd.
Questions based on this BSE filing only. For information purposes.