Director and CFO converts warrants, taking stake to 24.38%
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Director and CFO Parth Tulsibhai Patel converted warrants into 1,793,712 equity shares on 3 November 2026, adding 6.24% to his voting interest. His total holding is now 7,009,684 shares, or 24.38%. The disclosed purchase value was Rs 1.97 crore. Paid-up capital rose from Rs 21.32 crore to Rs 28.76 crore.
The insider adds equity ownership, but warrant conversion expands share capital and dilutes existing shareholders.