Announced Mon, 19 Oct, 2026 · 19:36 IST

Board allots 18 lakh convertible warrants to public at Rs 21.50

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

Board allotted 18 lakh convertible warrants to public category allottees through preferential issue at Rs 21.50 per warrant, including Rs 11.50 premium over Rs 10 face value. Each warrant convertible into one equity share on payment of balance 75 percent within 18 months. Upfront 25 percent of about Rs 96.75 lakh received from 10 allottees.

Likely market impact

Possible equity dilution once warrants convert within 18 months. Watch share price movement.