Sundrop Brands Limited

Code: SUNDROP | Category: Warrant

Type: Warrant Issuance

Event Details
Announcement Date: February 06, 2025

Warrant Information
Security Type: Shares
Shares: 13,327,589
Issue Price: ₹975.5 per warrant
Conversion Price: ₹975.5 per share
Total Amount: ₹1300 Crores
Allottee Category: Public
Allottees: {'name': 'DMPL India Limited', 'amount': 5425096}, {'name': 'Bharti (SBM) Holdings Private Limited', 'amount': 3066167}, {'name': 'Bharti (RBM) Holdings Private Limited', 'amount': 1916355}, {'name': 'Bharti (RM) Holdings Private Limited', 'amount': 1916355}, {'name': 'Bharti (Satya) Trustees Private Limited (on behalf of Bharti (Satya) Family Trust)', 'amount': 766542}, {'name': 'Bharti Enterprises Limited', 'amount': 237074}
Board Approval: 2025-02-06
Allotment Date: 2025-02-06
Pricing Basis: Preferential allotment at Rs. 975.5 per equity share
Purpose of Funds

Acquisition of 100% of the issued and outstanding equity shares of Del Monte Foods Private Limited

Document
View PDF https://nsearchives.nseindia.com/corporate/ATFL_06022025195022_Outcomeofboardmeeting06022025.pdf
AI Analysis

Get detailed AI-powered insights about this event

Login required
Company

Sundrop Brands Limited

Code: SUNDROP

View All Events