Trading Approval for 13,99,996 equity shares upon conversion of 13,99,996 warrants issued on preferential basis
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BSE has granted trading approval for 13,99,996 equity shares of Rs. 10 each issued to Non-Promoters on a preferential basis following the conversion of warrants. The shares, carrying distinctive numbers from 64800306 to 66200301, will be available for trading on the exchange starting Friday, January 16, 2026. The total value of the issuance is approximately Rs. 1.4 crore, with shares issued at par. This is a routine post-conversion listing event confirming that the warrants previously allotted have now been converted into equity shares and are tradeable.
Shareholders should note a marginal increase in the total share count of Gayatri Sugars, which could lead to slight dilution. The floating supply will rise modestly, but since this conversion was already anticipated when warrants were originally issued, the market impact is expected to be limited.