We wish to inform your esteemed organisation that the Board of Directors of the Company in its meeting held on 09th April 2026 has, inter-alia, considered and approved the Allotment of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Containe Technologies' Board has approved the conversion of 7.5 lakh equity share warrants into 7.5 lakh equity shares. The conversion was exercised by a single non-promoter allottee, Pushpa Bhaju, who paid Rs. 4.84 crore (75% of the Rs. 86 issue price per warrant). Post-allotment, the company's paid-up capital increased to Rs. 6.99 crore comprising 69.94 lakh shares. The warrants were originally allotted in October 2024 under a preferential issue. There remain 17 lakh warrants still outstanding for future conversion within the 18-month tenure.
This conversion increases the company's equity base and provides capital infusion of Rs. 4.84 crore. Existing shareholders will face dilution as 7.5 lakh new shares are issued. The remaining 17 lakh warrants outstanding could lead to further dilution if converted.