Taurian MPS

Taurian MPS allotted 2,31,200 equity shares at Rs 419 each to 15 public investors on 30 October 2026 for about Rs 9.69 crore. It allotted 8,48,800 convertible warrants at Rs 419 each to 17 allottees including promoters and collected about Rs 8.89 crore as 25% upfront, with the balance payable on conversion within 18 months. The tranche completed the approved equity issue of 5,82,400 shares after a part allotment of 3,51,200 shares on 26 October 2026. The overall preferential programme covered 5,82,400 shares and 8,48,800 warrants at Rs 419 for about Rs 59.97 crore for working capital, capital expenditure and general purposes over FY2026-28. The company reported revenue of about Rs 73.5 crore in FY25, with crushing and screening plants contributed about 90% of sales. Operating cash flow was Rs 0.46 crore against net profit of Rs 9.5 crore, with year-end inventory of Rs 25.8 crore and receivables of Rs 30.3 crore.

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Taurian MPS allotted 3,51,200 equity shares at Rs419 each to 13 public allottees for cash aggregating about Rs14.72 crore. The allotment was part of the 5,82,400-share equity tranche covered by NSE in-principle approval dated 19 October 2026, leaving a balance of 2,31,200 shares. The wider preferential programme totalled about Rs59.97 crore through 5,82,400 shares and 8,48,800 warrants, with objects including Rs42 crore for working capital, Rs10.22 crore for capital expenditure and Rs7.75 crore for general corporate purposes. The company earned revenue of Rs73.5 crore in the year to March 2025, with crushing and screening plants contributed about 90% and domestic sales contributed about 98%. Operating cash flow was Rs0.46 crore against net profit of Rs9.5 crore, while inventory stood at Rs25.8 crore and trade receivables at Rs30.3 crore at year end.

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Taurian MPS's board approved a preferential issue of up to 5.944 lakh equity shares and 8.488 lakh fully convertible warrants at ₹419 each, implying gross proceeds of up to about ₹60.47 crore if the warrants are exercised. It also approved raising authorised share capital from ₹9 crore to ₹12 crore. The proposals require shareholder and other regulatory approvals, with an extraordinary general meeting scheduled for September 20 and warrant conversion allowed within 18 months of allotment. Promoter Yashvardhan Bajla and Puja Bajla were among the proposed warrant allottees, while a footnote classified Devavardhan Bajla as public and stated that he would be categorised as promoter group after allotment. Taurian MPS completed a preferential allotment of 1.8 lakh shares at ₹139 each in August 2024. The company reported FY25 revenue of ₹73.5 crore and operating cash flow of ₹0.46 crore.

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Taurian MPS’s board approved a preferential issue of up to 5,94,400 equity shares and 8,48,800 fully convertible warrants at ₹419 apiece, subject to shareholder and regulatory approvals. The proposed securities had a gross potential subscription value of about ₹60.47 crore, with warrants convertible into one share each within 18 months; promoter and public investors were included among the proposed allottees. Members were scheduled to consider the issue and an increase in authorised share capital at an extraordinary general meeting on September 20, 2026. Taurian MPS reported FY25 revenue of ₹73.5 crore, while cash generated from operations was ₹0.46 crore and cash on hand was ₹0.18 crore.

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