Classic Filaments has completed a preferential allotment of 26,94,316 equity shares at ₹51.50 each, raising ₹13.87 Cr.

This action increases the company's paid-up share capital from ₹6.11 Cr to ₹8.81 Cr.

The allotment brings in new capital from non-promoter investors, expanding the equity base and altering the shareholding pattern.

Post-allotment, promoters hold 47.56% and public shareholders hold 52.44%. This capital infusion could support the company's operational needs and future growth initiatives.