we hereby inform you that the Board of Directors of the Company, at its meeting held today i.e., Monday, 23rd February, 2026, at the Registered Office of the Company situated at 15, Ashwamegh ....
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The Board of Directors of Bizotic Commercial Ltd, at their meeting held on 23rd February 2026, approved the allotment of 3,44,000 convertible warrants to M/s. Bizotic Industries Private Limited, a promoter group company, on a preferential basis. Each warrant is convertible into one equity share of face value Rs. 10 within 18 months, at a price of Rs. 290 per warrant (Rs. 10 face value + Rs. 280 premium). The allottee has paid 25% of the consideration upfront (Rs. 2.49 crore), with the remaining 75% due at the time of conversion. Along with the 12,58,000 warrants allotted in the previous board meeting on 21st February 2026, the total warrants pending conversion stand at 16,02,000, which upon full conversion would increase the paid-up equity capital from Rs. 8.04 crore (80.40 lakh shares) to Rs. 9.64 crore (96.42 lakh shares).
This is a promoter-group preferential infusion that signals insider confidence and strengthens the company's capital base, but it also means potential equity dilution of around 20% once all warrants are converted. Short-term stock impact may be neutral to mildly negative due to dilution overhang, unless the funds are deployed for clear growth.