Warrants Converted: 27,000 Equity Shares Allotted to Non-Promoters

Warrants ConvertedFund Raising View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close

-0.3%1-day move

₹55.99

prior close

₹56.25

base price

In-mkt

timing

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AI summary

Garware Offshore Services allotted 27,000 equity shares to non-promoters on June 25, 2026, upon conversion of warrants. The Shares and Warrants Allotment Committee approved the allotment. After this conversion, no warrants remain outstanding, completing the warrant conversion process.

Likely market impact

Minor dilution of 27,000 shares to non-promoters. All warrants now fully converted, so no further dilution from this instrument.