Aequs board approves warrants worth about ₹650 crore
In short
Aequs shares moved higher after the company’s board approved a preferential issue of up to 28.07 million warrants on September 25, 2026.
The warrants are for the promoter group and are worth about ₹650 crore. The report does not say the price, how the money will be used, or when the issue will close.
What the reporting says
Aequs shares traded higher after the company’s board approved a preferential issue of up to 28.07 million warrants on September 25, 2026, according to the publisher summary. The warrants are to the promoter group and aggregate to about ₹650 crore. The report does not state the exercise price, use of proceeds or completion timetable. The stock reaction was positive, but the longer-term effect remains unclear.
Why it matters
Aequs’ board approved a preferential issue of up to 28.07 million warrants to the promoter group, worth about ₹650 crore, on September 25, 2026. That corporate action appears to have supported the stock’s gains in the market. The summary does not state the issue price, use of funds or completion schedule, so the full dilution and financing impact is still unknown.