Emkay Global Financial Services Allots 4,15,100 Equity Shares to Promoter on Conversion of Convertible Warrants
Emkay Global Financial Services allotted 4,15,100 equity shares to promoter Mr. Krishna Kumar Karwa on May 12, 2026, at an issue price of Rs. 239.50 per share, including a premium of Rs. 229.50 per share, upon conversion of an equal number of convertible warrants. The balance subscription amount aggregated Rs. 7,45,62,337.50, representing 75% of the issue price at Rs. 179.625 per warrant. Post-allotment, the company's paid-up capital increased from Rs. 26,71,50,310 to Rs. 27,13,01,310, while Mr. Karwa's shareholding rose from 21.55% to 22.75%, with no warrants remaining outstanding to him.
