Bajaj Healthcare Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/03/2026 ,inter alia, to consider and approve the allotment of Equity Shares ....
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Bajaj Healthcare has informed the stock exchanges that its Board of Directors will meet on March 18, 2026, to consider and approve the allotment of Equity Shares. These shares will be issued to the Promoter, Promoter Group, and certain Non-Promoter Public Category persons upon the exercise and conversion of Convertible Warrants. The warrants in question were originally allotted on a preferential basis on September 19, 2024. The conversion is being carried out as per the terms of that original preferential allotment. No new fundraising or capital raise is involved — this is simply the conversion of already-issued warrants into equity shares.
Shareholders should note that this is not a fresh capital raise. Upon conversion, the equity share capital of the company will increase due to the issuance of new shares, which may lead to a slight dilution depending on the number of warrants being converted. Existing shareholders may want to monitor the allotment outcome on March 18 for confirmation of the number of shares issued and to whom.