Diamines & Chemicals Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/03/2026 ,inter alia, to consider and approve conversion of warrants ....
DIAMINESQ · price
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Diamines & Chemicals Ltd has informed BSE that its Board of Directors will meet on March 24, 2026. The main agenda item is to consider and approve the conversion of warrants into equity shares. This conversion will be carried out as per the original terms of the preferential warrant issuance, based on the exercise of the option by warrant holders. The filing has been made in compliance with SEBI's Listing Obligations and Disclosure Requirements (LODR) regulations. No new fundraising or dilution beyond the pre-agreed warrant terms is being proposed at this stage.
Existing warrant holders will convert their warrants into actual equity shares, leading to a potential increase in the company's equity base and possible dilution for current shareholders. The stock may see short-term price movement depending on the conversion price relative to the current market price.