Apex Capital & Finance: 76 Lakh Shares Allotted on Warrant Conversion; Promoter Files SEBI Takeover Disclosure 3 days ago
Apex Capital & Finance's Securities Committee allotted 76,00,000 equity shares of Rs. 10/- each on May 11, 2026, upon conversion of convertible warrants, receiving INR 71,25,00,000.00 as balance 75% of the Warrant Issue Price from 13 allottees. The allotment increased paid-up capital from Rs. 5,91,99,780/- to Rs. 13,51,99,780/-. Promoter Suchitra subsequently filed a SEBI Takeover Regulation 29(2) disclosure on May 12, 2026, reporting acquisition of 55,48,000 equity shares, with the promoter group's post-acquisition holding standing at 98,70,448 shares, maintaining a 73.01% stake.