Afcom Holdings Executes Major Capital Raising Initiative

Afcom Holdings Limited has successfully completed a significant capital raising exercise through preferential allotment of equity shares and convertible warrants. The company's board meeting held on December 17, 2025, approved the allotment of securities worth over ₹204 crores, marking a substantial expansion of the company's capital base.

Equity Shares Allotment Details

The company has allotted 12,10,390 equity shares of face value ₹10 each at an issue price of ₹863.17 per share, including a premium of ₹853.17. The allotment details are presented below:

Share Capital Impact

Following the allotment, the company's paid-up equity share capital has increased significantly:

Convertible Warrants Issuance

Simultaneously, the company allotted 11,65,000 convertible warrants at ₹863.17 each, aggregating to ₹100.56 crores. These warrants are convertible into equity shares within 18 months from the allotment date, with the final conversion deadline set for June 16, 2027.

Corporate Governance and Expansion Initiatives

The board also approved the constitution of a Corporate Social Responsibility Committee, with Mr. Kannan Ramakrishnan as Chairman, Capt. Deepak Parasuraman as Member, and Ms. Rashmi Prithviraj as Member. Additionally, the company received approval for incorporating a wholly-owned subsidiary in Dubai, UAE, to expand operations in international markets.

Regulatory Compliance and Lock-in Provisions

The allotted equity shares and warrants will be subject to lock-in periods as specified under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company will apply for listing and trading approval of the newly allotted equity shares within prescribed timelines.

Afcom Holdings Limited has announced its financial results for the half-year ended September 30, 2025, following the approval of unaudited financial statements by its Board of Directors. The company's performance reflects strong financial health and growth.

Financial Highlights

• Total Income: Afcom Holdings reported a total income of ₹25,850.00 lakhs for the half-year period.
• Net Profit Before Tax: The company achieved a net profit before tax of ₹7,097.94 lakhs.
• Shareholders' Funds: Total shareholders' funds stood at ₹27,536.15 lakhs, comprising share capital of ₹2,485.77 lakhs and reserves of ₹25,050.38 lakhs.

Balance Sheet Overview

• Trade Receivables: Increased to ₹8,921.81 lakhs from ₹5,960.81 lakhs in March 2025.
• Cash and Cash Equivalents: Rose to ₹349.21 lakhs from ₹8.54 lakhs.

Audit Compliance

The company's auditors, PPN and Company, issued a limited review report confirming compliance with regulatory requirements.

Detailed Financial Overview

For a more comprehensive view of Afcom Holdings' financial position, let's examine the key figures from their latest financial statements:

Conclusion

Afcom Holdings Limited's financial results for the half-year ended September 30, 2025, demonstrate strong performance and growth. The increases in total income, net profit before tax, and improvements in key balance sheet items indicate the company's ability to expand its market presence and improve operational efficiency. As Afcom Holdings continues to build on this performance, investors and market watchers will likely keep a close eye on its future developments.