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Pavna Industries confirms no deviation in Rs 210.70 crore proceeds from equity share issuance
13-Aug-2026, 07:24
Pavna Industries Limited informed the BSE and National Stock Exchange that there was no deviation or variation in the utilization of proceeds from its preferential issue of equity shares and fully convertible warrants, as of June 30, 2026. The company had raised Rs 210.70 crore through the issuance of 17,72,200 equity shares and 24,00,000 fully convertible warrants, with Rs 119.80 crore received initially, and the remaining warrant consideration forfeited after the expiry of the exercise period on July 28, 2026.
Pavna Industries Limited informed the BSE and National Stock Exchange that there was no deviation or variation in the utilization of proceeds from its preferential issue of equity shares and fully convertible warrants, as of June 30, 2026. The company had raised Rs 210.70 crore through the issuance of 17,72,200 equity shares and 24,00,000 fully convertible warrants, with Rs 119.80 crore received initially, and the remaining warrant consideration forfeited after the expiry of the exercise period on July 28, 2026.