Announced Sat, 27 Jun · 22:32 IST
Golkunda Diamonds allots 12.4 lakh warrants at Rs 214 to non-promoters
Fund Raising View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹270.50
prior close
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base price
After-mkt
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AI summary
Golkunda Diamonds board allotted 12,40,000 convertible warrants at Rs 214 each to 23 non-promoter allottees on a preferential basis. Each warrant converts into 1 equity share of Rs 10 face value within 18 months. Total potential raise is about Rs 26.54 crore, with 25 percent upfront already received. Top allottees include Vimal Kishore Parwal HUF, Fortune Bright Trading LLP, and Shanti Gold International. Price was computed as per SEBI ICDR rules.
Likely market impact
Potential equity dilution if warrants convert. Brings in up to Rs 26.54 crore from non-promoter investors over the next 18 months.