Supreme Power Equipment Raises ₹21.07 Cr Through Preferential Allotment of Fully Convertible Warrants
Jun 21, 2025
Chennai (Tamil Nadu) [India], June 21: Supreme Power Equipment Limited (SPEL), (NSE Code: SUPREMEPWR), one of the leading manufacturers of power and distribution transformers in India, has announced a proposal to raise up to ₹21.07 Cr through the issue and allotment of up to 12,47,000 Fully Convertible Warrants on a preferential basis. Each warrant is priced at ₹169 and will be convertible into one fully paid-up equity share of face value ₹10 each.
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