Lippi Systems Ltd
Lippi Systems Announces Capital Increase & Strategic Stake Transfer 🔄
- Authorized share capital increases from ₹10Cr to ₹15Cr.
- 65L warrants (convertible to equity) to be issued at ₹56.84/warrant, totaling ₹36.94Cr.
- Warrants allotted to 5 Dholu family members.
- 35.68L shares (50.97% stake) to be sold to the Dholu family.
- Warrants require 25% upfront payment, 75% upon conversion within 18 months.
- EGM scheduled for June 14, 2026, for approvals.