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Thrive Future Habitats Limited’s warrant conversion boosts equity capital by Rs 29.25 crore
29-Oct-2026, 07:01
THRIVE FUTURE HABITATS LIMITED, formerly known as Ador Multiproducts Limited, announced the allotment of 93,12,364 equity shares following the conversion of an equal number of fully convertible warrants. The allotment, completed on October 29, 2026, involved an aggregate consideration of Rs 29,25,01,353.24 and increased the company’s paid-up equity share capital from Rs 11,31,95,810 to Rs 20,63,19,450. The warrants were initially issued at a price of Rs 31.41 each, and the allotment was made to investors categorized as “Promoter” and “Public,” including Arvinder Singh Pasricha, Aman Pasricha Balsara, Goonmeet Singh Chauhan, Vinay Kumar Singh, and VNAM Advisors LLP.