Candour Techtex allots 2,66,666 shares on warrant conversion
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On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.3 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Candour Techtex has allotted 2,66,666 equity shares to 6 non-promoter warrant holders who paid the balance amount at Rs. 125 per share, including Rs. 115 premium. These shares arise from 79,72,000 warrants originally issued on Feb 16, 2026. Paid-up equity capital has risen from 2,44,11,438 to 2,46,78,104 shares. Listing approval will be sought in due course.
About 1.1 percent dilution as 2.66 lakh new shares join the equity. Shares rank equally with existing stock. No fresh fundraising beyond balance payment committed.