Pakka Limited Plans Rs.130 Crore Preferential Equity and Warrant Issue

Pakka Ltd ( (IN:PAKKA) ) has shared an announcement.

Pakka Limited’s board has approved a preferential issue of up to 2.72 million fully paid equity shares at Rs.110 per share to non-promoter public investors, raising as much as Rs.29.92 crore, at a price set above the regulatory minimum. It has also cleared the issue of up to 9.09 million fully convertible warrants at the same price to promoter-group entity Yash Agro Products Limited, potentially mobilizing a further Rs.99.99 crore, with conversion allowed within 18 months.

These capital-raising measures, which remain subject to shareholder and regulatory approvals, are structured under India’s Companies Act and SEBI’s ICDR and Listing Regulations, and will require in-principle nods from stock exchanges before allotment. Pakka has called an extraordinary general meeting for 5 May 2026 via video conferencing to seek shareholder consent, a step that could significantly bolster its equity base and reinforce promoter participation if the warrants are exercised.

More about Pakka Ltd

Pakka Limited is an India-based company with operations in Ayodhya and a registered office in Kanpur, Uttar Pradesh. The company is listed on both the National Stock Exchange of India and BSE, indicating a public market focus, though the specific industry and product portfolio are not described in the disclosed document.

Average Trading Volume: 8,384

Technical Sentiment Signal: Sell

Current Market Cap: 3.94B INR

See more data about PAKKA stock on TipRanks’ Stock Analysis page.