Arihant Superstructures Limited has informed the Exchange regarding allotment of 2090000 securities pursuant to conversion of Warrants on Preferential Basis under the provisions of SEBI (ICDR) Regulations, 2018 at its meeting held on Jun 14, 2025
ARIHANTSUP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arihant Superstructures Limited has allotted 20,90,000 equity shares (face value Rs. 10 each) to three warrant holders who exercised their conversion option. The conversion price was Rs. 180.071 per share, with Rs. 135.053 per share (75% of the exercise price) paid at this stage, aggregating to Rs. 28.23 Crore raised. The allotted shares will rank equally with existing equity shares. Post-allotment, the company's paid-up share count has increased from about 4.12 crore to 4.32 crore equity shares, representing a roughly 5% expansion of the equity base.
This is a pre-committed capital raise via warrant conversion that strengthens the company's equity base by about Rs. 28 crore without further dilution risk. Existing shareholders should note a modest ~5% increase in share count, which may create mild short-term supply pressure but confirms prior fundraising has been completed.