Announced Mon, 27 Jul · 16:10 IST
Allotment of 10.77 lakh shares on conversion of warrants
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Kesar India allotted 10,77,105 equity shares at Rs.350 each upon conversion of fully convertible warrants originally allotted on September 18, 2025. Allottees include promoter Gopal Gupta (8,00,000 shares), non-promoters Gunjan Agarwal (2,58,057 shares) and Riddhi Abhinav Chedda (19,048 shares). Paid-up equity capital rose to about Rs.31.25 crore, divided into 3.12 crore shares of Rs.10 face value.
Likely market impact
Equity dilution from warrant conversion; about Rs.37.7 crore capital already received at Rs.350/share is now reflected in expanded share base.