PCBL Chemical Allotment of 1,60,00,000 Equity Shares on Warrant Exercise

PCBL Chemical has allotted 1,60,00,000 equity shares following the exercise of warrants, as announced on November 3, 2025. These shares, with a face value of ₹1 each, were issued upon the receipt of ₹336,00,00,000. The company’s issued and paid-up share capital now stands at ₹39,34,62,604. The shares rank equally with existing equity shares.

Equity Share Allotment

PCBL Chemical Limited announced on November 3, 2025, the allotment of 1,60,00,000 equity shares. This decision follows the exercise of warrants that were previously allotted on a preferential basis.

Details of the Allotment

The allotment of 1,60,00,000 equity shares, each with a face value of ₹1, was made pursuant to the exercise of warrants. The warrant exercise price was ₹280 per warrant. This includes a premium of ₹279 per warrant.

The company received an aggregate amount of ₹336,00,00,000 at the rate of ₹280 per warrant, representing 75% of the warrants issue price.

Impact on Share Capital

Following this allotment, the issued and paid-up share capital of PCBL Chemical Limited has increased to ₹39,34,62,604, consisting of 39,34,62,604 equity shares, each with a face value of ₹1.

Breakdown of Allottees

The equity shares were allotted to the following warrant holders:

Rainbow Investments Limited: 1,36,00,000 shares

Quest Capital Markets Limited: 12,00,000 shares

STEL Holdings Limited: 12,00,000 shares

Ranking of Shares

The newly allotted equity shares will rank equally with the existing equity shares of the company.

Source: BSE

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