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Expo Gas Containers allocates approx ₹31.46 lakh warrants
short by / on Monday, 23 June, 2025
Expo Gas Containers plans to raise ₹22.02 crore through preferential issue of ₹31.46 lakh fully convertible warrants at ₹70 each. This capital infusion, targeting promoters and non-promoters, requires a 25% upfront payment with remainder due upon conversion within 18 months. This move aims to strengthen company's financial standing, adhering to SEBI regulations with relevant date of May 28, 2025.