Naapbooks Limited Allots 4,46,400 Equity Shares Upon Conversion of Warrants, Paid-Up Capital Rises to Rs. 11,28,06,000/- May 11, 2026
Naapbooks Limited allotted 4,46,400 equity shares of face value Rs. 10/- each at Rs. 61/- per share on May 11, 2026, upon conversion of warrants by eight public (non-promoter) investors. The company received Rs. 2,04,22,800/- as the remaining 75% exercise price of Rs. 45.75/- per warrant. Post-allotment, the paid-up equity share capital has risen to Rs. 11,28,06,000/-, comprising 1,12,80,600 equity shares. A total of 20,46,700 warrants from the original December 10, 2024 allotment of 26,13,100 warrants remain pending for conversion.