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Chemtech Industrial Valves used Rs 7.50 crore from warrant conversion as planned, BSE states
12-Aug-2026, 04:33
Chemtech Industrial Valves Limited stated that the Rs 7.50 crore raised through the conversion of warrants into equity shares on March 27, 2026, was used for the purpose stated in the offer document, with no material deviation, according to a regulatory filing with the BSE Limited on August 12, 2026. The company converted 5,00,000 warrants into equity shares at Rs 200 per share, with the Audit Committee reviewing and noting the statement.
Chemtech Industrial Valves Limited stated that the Rs 7.50 crore raised through the conversion of warrants into equity shares on March 27, 2026, was used for the purpose stated in the offer document, with no material deviation, according to a regulatory filing with the BSE Limited on August 12, 2026. The company converted 5,00,000 warrants into equity shares at Rs 200 per share, with the Audit Committee reviewing and noting the statement.