D. P. Abhushan Limited Approves ₹558 Crore Capital Raise in Ratlam
What happened
The Board of Directors of D. P. Abhushan Limited approved a preferential issue of equity shares and fully convertible warrants aggregating up to ₹558 crore during a meeting held in Ratlam, Madhya Pradesh, on October 5, 2026. The capital raise includes up to 8,66,434 equity shares and up to 30,35,711 fully convertible warrants, all issued at a price of ₹1,430.00 per unit. The total issuance involves 104 unique investors.
From equitybulls.com
Why it matters
The approval of a substantial capital augmentation framework signals a major corporate funding effort by D. P. Abhushan Limited. This funding could support the company's operations or contribute to the industrial development project announced in Ratlam, Madhya Pradesh.
An industrial development project has been announced in Ratlam, Madhya Pradesh.
From equitybulls.com
Who's involved
- boardThe board approved the capital raise structure.
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The entities involved
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Ratlam
city in India
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Madhya Pradesh
state in central India