SPML Infra allots shares, warrants to raise funds

2 min read     Updated on 18 Jul 2026, 11:49 AM
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Anirudha BScanX News Team
AI Summary

SPML Infra Limited allotted 6,93,999 equity shares and 95,39,449 warrants on a preferential basis to raise funds and convert debt. The equity shares were issued at ₹186 each, including a premium, while warrants require 25% upfront payment and conversion within 18 months. The allotment includes loan conversion by National Asset Reconstruction Company Ltd and participation from promoter and non-promoter groups.

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SPML Infra Limited has allotted 6,93,999 equity shares and 95,39,449 warrants on a preferential basis to raise capital and convert debt into equity. The allotment was approved by the Board of Directors through a circular resolution passed on July 18, 2026. The equity shares were issued at a price of ₹186 per share, including a premium of ₹184, while the warrants were priced at ₹186 each. The warrants will be converted into equity shares within 18 months from the date of allotment in accordance with SEBI (ICDR) Regulations, 2018.

The preferential allotment involved an infusion of ₹5.75 crore for the equity shares issued to non-promoters. Additionally, National Asset Reconstruction Company Ltd converted an existing loan of ₹7.16 crore into 3,84,858 equity shares. The company also allotted warrants to the promoter group and non-promoters, raising an initial 25% of the warrant amount, totaling ₹44.36 crore. The remaining 75% will be infused upon the conversion of warrants into equity shares.

Allotment Details

The allottees include a mix of promoter group entities and non-promoters. The table below details the fund infusion, loan conversion, and the resulting equity and warrant allocations.

Allottee Fund Infusion Equity Fund Infusion Warrant (25%) Loan Converted to Equity Equity Shares Allotted Warrants Allotted
Classic Fintrex Pvt Ltd. 4,00,00,044 1,00,00,011 - 2,15,054 2,15,054
Sunita Banthiya 1,00,00,104 12,50,013 - 53,764 26,882
Bijay Kumar Agarwal 75,00,078 18,75,020 - 40,323 40,323
National Asset Reconstruction Co. Ltd - - 7,15,83,588 3,84,858 -
Zoom Industrial Services Ltd - 9,37,44,000 - - 20,16,000
Niral Enterprises Pvt Ltd - 9,37,44,000 - - 20,16,000
Manju Vijay Kedia - 6,25,42,500 - - 13,45,000
Danta Vyapar Kendra Limited - 3,13,87,500 - - 6,75,000
Rama Alloys Pvt Ltd - 3,13,87,500 - - 6,75,000
Sampat Marketing Company Pvt. Ltd - 3,13,87,500 - - 6,75,000
ILEX Pvt. Ltd - 3,13,87,500 - - 6,75,000
Rishabh Homes Private Limited - 2,50,17,000 - - 5,38,000
Anant Digga - 74,99,985 - - 1,61,290
Vivaya Enterprises Pvt Ltd - 49,98,750 - - 1,07,500
First View Trading Pvt Ltd - 49,98,750 - - 1,07,500
Ekta Credit Pvt Ltd - 49,98,750 - - 1,07,500
Ramesh Sachdeva - 46,50,000 - - 1,00,000
Atul Kumar Somani - 7,67,250 - - 16,500
Lalita Agarwal - 5,11,500 - - 11,000
Vishal Somani - 4,88,250 - - 10,500
Sachin Kumar Chauhan - 4,65,000 - - 10,000
Raunak Agarwal - 2,51,100 - - 5,400
Devanshi Jhunjhunwala - 2,32,500 - - 5,000
TOTAL 5,75,00,226 44,35,84,379 7,15,83,588 6,93,999 95,39,449

The issuance was conducted in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, following in-principle approval from the National Stock Exchange and BSE Ltd.

Historical Stock Returns for SPML Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%-0.79%-2.97%+6.49%-32.86%+1,180.60%

How will the conversion of the ₹7.16 crore debt by National Asset Reconstruction Company Ltd impact SPML Infra's leverage ratios and interest obligations in the coming fiscal year?

What strategic projects or debt repayment plans does SPML Infra intend to finance with the remaining 75% warrant infusion expected over the next 18 months?

Will the significant increase in equity shares upon warrant conversion lead to substantial dilution of existing minority shareholders' stakes?

SPML Infra MD Highlights Expansion in BESS as Future Growth Opportunity

0 min read     Updated on 19 Jun 2026, 10:01 AM
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AI Summary

SPML Infra's Managing Director has identified Battery Energy Storage Systems (BESS) as a key future growth opportunity for the company. The announcement reflects a strategic focus on expanding into the energy storage sector. No specific financial metrics, investment details, or timelines were provided in the source data.

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SPML Infra 's Managing Director has spotlighted Battery Energy Storage Systems (BESS) as a significant future growth opportunity for the company. This highlights the company's strategic intent to broaden its presence in the evolving energy storage landscape.

Strategic Focus on BESS

The Managing Director's emphasis on BESS underscores the company's recognition of energy storage as an emerging and important sector. Battery Energy Storage Systems are increasingly becoming a critical component of modern energy infrastructure, and SPML Infra's leadership has identified this domain as a priority area for expansion.

Parameter: Details
Company: SPML Infra
Spokesperson: Managing Director
Growth Area Highlighted: Battery Energy Storage Systems (BESS)
Nature of Announcement: Future Growth Opportunity

Key Highlights

  • The Managing Director of SPML Infra has publicly highlighted BESS as a future growth opportunity.
  • The announcement reflects the company's strategic direction toward energy storage expansion.
  • No specific financial figures, investment amounts, or timelines were disclosed in the available source data.

Historical Stock Returns for SPML Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%-0.79%-2.97%+6.49%-32.86%+1,180.60%

What specific investment levels or capital allocation is SPML Infra planning to dedicate to the BESS sector?

What is the expected timeline for the company to launch its first commercial BESS project or pilot?

How will SPML Infra differentiate its BESS offerings from existing competitors in the energy storage market?

More News on SPML Infra

1 Year Returns:-32.86%