Imagicaaworld allots 2.34 crore shares on warrant conversion
In short
Imagicaaworld Entertainment approved 2,34,82,500 fully paid-up equity shares. The shares were issued at Rs. 73.50 each after converting warrants first allotted on a preferential basis in March 2025.
This matters because it increases the company’s share count and can affect existing shareholders. The report does not say who converted the warrants or how the money will be used.
What the reporting says
Imagicaaworld Entertainment allotted 2,34,82,500 fully paid-up equity shares after converting warrants originally issued on a preferential basis in March 2025. The board approved the allotment at an issue price of Rs. 73.50 per share, according to the published summary. The immediate consequence is a larger equity base; the reporting does not state the use of proceeds or investor names.
Why it matters
Imagicaaworld Entertainment’s board approved the allotment of 2,34,82,500 equity shares at Rs. 73.50 each after conversion of warrants originally allotted in March 2025. The event increases the company’s paid-up equity capital and may affect dilution and ownership mix. The available summary does not state the identity of the warrant holders or the intended use of funds.