Board approves forfeiture of unexercised preferential warrants
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board of Anuroop Packaging on April 16, 2026 approved forfeiture of 12,35,000 unexercised warrants issued on preferential basis to promoter group entities (Akshay Sharma, Akash Sharma, Shweta Sharma, Amarnath Sharma HUF, Hem Joisher) at Rs. 40 each. Warrants were not converted within 18-month deadline. Total upfront amount of Rs. 1.235 crore forfeited and credited to Capital Reserve. No change in paid-up share capital; potential equity dilution reduced. Allottees barred from future preferential issues for one year.
Marginally positive: no equity dilution, Rs. 1.235 cr added to Capital Reserve. Promoter confidence in stock at Rs. 40 appears weak.