Caprihans India Limited has submitted the disclosure under Regulation 7 of SEBI (PIT) Regulations, 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Caprihans India Limited submitted a disclosure received from its promoter, Bilcare Limited, under SEBI's Prohibition of Insider Trading Regulations. Bilcare held 3,15,000 convertible warrants of Caprihans India but chose not to exercise the conversion option before the expiry date of June 4, 2026. As a result, the warrants have been forfeited along with the application money of Rs. 1.57 crore already paid (25% of the issue price). Bilcare's equity shareholding remains unchanged at 1,11,83,325 shares, representing 63.47% of the company. The promoter also continues to hold 13,79,25,000 Non-Participating Redeemable Preference Shares.
This is a neutral-to-slightly-negative signal for shareholders — the promoter effectively walked away from a potential equity infusion of Rs. 6.3 crore and forfeited Rs. 1.57 crore in application money, suggesting limited appetite for further capital commitment. However, existing equity stake and control remain intact at 63.47%, so there is no change in promoter shareholding or voting power.