Announced Fri, 6 Nov, 2026 · 17:09 IST
Promoter group acquires 40.74 lakh convertible warrants
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
On 4 November 2026, the promoter group acquired 4,074,075 equity convertible warrants at Rs 27 each through a preferential allotment, for about Rs 11 crore. The warrants have no voting rights until conversion. If all convert within 18 months, the group's holding would rise from 61.34 percent to 69.60 percent. The current share count and voting rights remain unchanged.
Likely market impact
Conversion would strengthen promoter control and lower other shareholders' ownership. Until then, voting rights and the share count are unchanged.