Shares of Man Infraconstruction will likely be in concentrate on Monday, July 14, after the corporate revealed that it has issued 29.66 lakh fairness shares via the conversion of warrants valued at ₹34.48 crore.
Man Infraconstruction on Friday introduced the allotment of 29,66,220 fairness shares following the conversion of an equal variety of convertible warrants. The allotment was accredited by the Allotment Committee of the corporate’s board of administrators at its assembly held on July 11, 2025.
The fairness shares, with a face worth of ₹2 every, have been allotted on a preferential foundation to warrant holders who exercised their proper to transform the warrants into shares. The conversion happened after the corporate acquired an mixture fee of ₹34.48 crore from the allottees, calculated at ₹116.25 per warrant — representing 75% of the entire subject worth of ₹155 per warrant.
The newly issued fairness shares will rank pari-passu with the present fairness shares of the corporate in all respects, together with dividend entitlements.
Following this allotment, the subscribed and paid-up share capital of Man Infraconstruction has elevated to ₹77.56 crore, comprising 38,77,84,925 fairness shares of ₹2 every. Previous to this, the corporate’s paid-up capital stood at ₹76.96 crore.
The corporate additionally disclosed that 1,85,11,580 convertible warrants are nonetheless excellent. Holders of those warrants are entitled to transform them into fairness shares by paying the remaining 75% of the problem worth — ₹116.25 per warrant — inside 18 months from the date of warrant allotment.
Man Infraconstruction is a Mumbai-based infrastructure improvement firm with pursuits in engineering, procurement, and development (EPC) providers throughout ports, actual property, and concrete infrastructure sectors.
Man Infraconstruction share worth
On Friday, Man Infraconstruction share worth ended 1.57% decrease at ₹182.10 apiece on the BSE. Prior to now week the inventory fell 3.19%. Inventory has been up 25.28% previously quarter and fell 9.54% previously 12 months.
Over the span of 5 years, Man Infraconstruction share worth has jumped 1384.11%.
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