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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Faalcon Concepts Limited's Board, at its meeting on November 1, 2025, approved increasing the authorised share capital from ₹10.5 crore to ₹14 crore, creating 35 lakh additional equity shares of ₹10 each. The Board also approved issuing up to 12 lakh convertible warrants to promoters and up to 20.50 lakh equity shares to non-promoter persons/entities via preferential allotment at ₹44.50 each, aggregating to about ₹14.46 crore across 33 allottees. Warrants carry a 25% upfront payment with the remaining 75% due on conversion within 18 months. An Extra-Ordinary General Meeting has been scheduled for November 28, 2025, to seek shareholder approval. The filing is a clarification correcting a clerical/typo error in the original disclosure regarding the number of equity shares and warrants exchanged.
If approved, this fund raise will dilute existing shareholders' stakes — promoter holding drops from 67.96% to 60.20%, while total public/float expands meaningfully. The issue price of ₹44.50 is the key reference for short-term price action; convertibility of warrants could lead to further dilution over the next 18 months.