Clara Industries Allots 57.5 Lakh Convertible Warrants at Rs 25 Each to Promoters and Public Investors
Clara Industries Limited (CIL) has allotted 57.5 lakh fully convertible warrants at Rs 25 per warrant to promoter/promoter group and non-promoter public investors. The allotment includes 52 lakh warrants to the promoter group and 5.5 lakh to public investors. Each warrant is convertible into one equity share within 18 months. The company has received Rs 3.59 crores as 25% of the issue price. Upon full conversion, CIL could raise Rs 14.38 crores. The allotment complies with SEBI regulations and includes a specified lock-in period.
22Jul 25
Clara Industries' Share Capital Expands as Two Investment Funds Acquire Significant Stakes
Clara Industries Limited, listed on BSE, has completed a preferential allotment of shares to two investment funds on July 16, 2025. Eminence Global Fund and North Star Opportunities Fund each acquired a 9.74% stake, with 25,00,000 equity shares allotted to each. This has increased Clara Industries' equity share capital from Rs. 20,67,29,000 to Rs. 25,67,29,000, expanding the total outstanding shares from 2,06,72,900 to 2,56,72,900. The non-promoter funds' acquisition was made in compliance with SEBI regulations, potentially bringing new perspectives and capital for Clara Industries' future initiatives.