Caprihans India Limited has informed the Exchange that the Board of Directors of the Company in their Meeting held on 23 March 2026 has approved the allotment of equity shares upon conversion ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Caprihans India has redeemed 31.5 lakh 0.1% non-cumulative, non-participating redeemable preference shares of ₹10 each, worth ₹3.15 crore, as part of an ongoing process. The Board has decided to halt any further preference share redemption this financial year, citing global geopolitical uncertainties. Separately, promoter Bilcare Limited has converted 3.30 lakh warrants into equity shares at ₹200 per share (₹10 face value + ₹190 premium), bringing in ₹4.95 crore as the balance 75% payment. This is part of an earlier allotment of 48 lakh warrants to the promoter approved in November 2024. Post-allotment, the paid-up equity share capital rose from ₹14.92 crore to ₹15.25 crore, and promoter Bilcare's stake increased from 56.88% to 57.81%.
Existing shareholders will see mild dilution as the promoter's equity holding rises to nearly 58%, while the preference share redemption reduces overall capital base but frees up funds. The decision to pause further preference share redemptions signals caution amid global uncertainty, which may slightly affect liquidity but signals prudent capital management.