Autoline Industries Ltd

Autoline Industries Revises Fund-Raising Plan: Equity Share Issuance Dropped, Warrants Expanded 📉📈

- Revised fund-raising plan announced post-Board Meeting (Dec 03, 2025).

- Deletion of earlier proposal: 10,50,000 equity shares at ₹75 per share.

- New focus: 32,65,000 warrants (₹24.48Cr total) issued to promoters.

- Warrants convertible to 1 equity share (₹10 face value) at ₹75 within 18 months.

- Promoter recipient: Mr. Shivaji Tukaram Akhade.

- Unconverted warrants lapse after 18 months; paid amounts forfeited.

- Approval pending: Shareholders and regulators.