MFS Intercorp Allots 60 Lakh Convertible Warrants to Non-Promoters

MFS Intercorp Limited's Preferential Issue Committee approved allotment of 60,00,000 convertible warrants at Rs 15 each (including Rs 3.75 upfront subscription, totaling Rs 2.25 crore received) to four non-promoter allottees on March 12, 2026.

Allottee Breakdown

- Bhut Yash Lalitkumar: 16,00,000 warrants
- Narnavre Rutik: 16,00,000 warrants
- Panchal Jainil: 16,00,000 warrants
- Ms. Bhalani Grishma: 12,00,000 warrants.

Source : Equity Bulls

Keywords

MFSIntercorp PreferentialIssue ConvertibleWarrants