Caprihans India Limited has informed the Exchange that the Board of Directors in their Meeting held on 23 March 2026 has approved (a) Redemption of Preference Shares & (b) Allotment of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors approved two actions on 23 March 2026. First, the company redeemed 31,50,000 0.1% Non-Cumulative, Non-Participating Redeemable Preference Shares of ₹10 each, totalling ₹3.15 crore. Due to global geopolitical uncertainties, no further preference share redemptions will happen this financial year, reducing the preference share capital to ₹1,63,50,00,000. Second, the promoter Bilcare Limited converted 3,30,000 warrants into 3,30,000 equity shares at ₹200 per share (₹10 face value + ₹190 premium), paying the balance 75% of ₹4.95 crore. As a result, the paid-up equity share capital rose from ₹14,92,39,710 to ₹15,25,39,710, and the promoter's stake in the company increased from 56.88% to 57.81%.
Promoter Bilcare Limited's stake in the company has risen to 57.81%, reinforcing promoter control and signalling continued confidence in the business. The pause on further preference share redemptions may slightly affect cash outflow expectations, but the overall impact on minority shareholders is neutral.