Pursuant to the approval granted by the Shareholders at their Annual General Meeting held on June 20, 2022, the Board of Directors of the company has allotted 59,88,023 convertible Warrants at an issue price of Rs16.70/- per warrant aggregating upto Rs10 crore to 3 allottees – LKP Finance Limited-Promoter Group (29,94,011), Bhavana Holdings Private Limited-Promoter Group (11,97,605) and Mahendra V. Doshi-Promoter (17,96,407).
Further, the Company has received initial warrant subscription price amount of Rs2.5 crore equivalent to 25% of the warrant issue price as prescribed by the SEBI Regulations for allotment of the Warrants.
On Tuesday at around 11:00 AM, LKP Securities was trading at Rs14.14 per share higher by 4.20% on the BSE.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
