Dj Mediaprint & Logistics Limited has informed the Exchange regarding Board meeting held on July 19, 2025.-The Board approved the conversion of 98250 warrants convertible into 98250 equity shares of face value of Rs. 10 each including a premium of Rs 104.
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DJ Mediaprint & Logistics Limited announced that its Board, at a meeting held on July 19, 2025, approved the conversion of 98,250 warrants into 98,250 equity shares of face value Rs. 10 each at a premium of Rs. 104 (total issue price of Rs. 114 per share). The company received Rs. 84,00,375 (75% of the issue price) from two public allottees — Vandana Sandeep Mehta (78,750 shares) and Ranasingh Babusingh Patil (19,500 shares). Following this conversion, the company's paid-up equity share capital increased to Rs. 32.97 crore comprising 3,29,77,851 equity shares. The conversion is part of the preferential allotment of warrants made on January 2, 2025, under shareholder approval from October 6, 2024.
The conversion slightly dilutes existing shareholders (by about 0.03%) and brings in Rs. 84 lakh of fresh capital. A large portion of warrants (77,39,028) from the promoter and other public allottees remains pending conversion, meaning further dilution is likely if those are exercised.