Revision in our previous intimation dated 08.12.2025
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Awaiting price reaction for this filing.
Gabriel Pet Straps has revised its earlier December 8, 2025 intimation to correct a typographical error, changing the number of equity shares allotted from 18,09,796 to 18,13,996 at Rs. 256 per share (face value Rs. 10). Alongside this, the company allotted 15,30,000 fully convertible warrants (convertible within 18 months at Rs. 256 each) to 5 promoter group entities, and 67,708 equity shares on conversion of existing warrants to one allottee. The preferential allotments involved 175 allottees in total, and one investor name (Prakashchandra Ganagaram Gupta) was also added back to the original list. As a result, the company's paid-up equity share capital has risen to Rs. 7,48,00,440, comprising 74,80,044 equity shares.
This is essentially a correction filing rather than a new action — share dilution details remain broadly the same with minor upward revisions in share count. Existing shareholders should note a modest increase in share base from preferential issuances, which may exert some short-term dilution pressure depending on how the warrants convert.