Announcement under Regulation 30 (LODR) - Pursuant to Allotment of Equity Shares by way of conversion of Warrants.
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On 6th October 2025, the Board of Directors of Koura Fine Diamond Jewelry Ltd allotted 5,74,000 equity shares of Rs. 10 each at Rs. 31.30 per share (including a premium of Rs. 21.30) upon conversion of an equal number of warrants. The total consideration received was approximately Rs. 1.80 crore, representing the balance 75% of the issue price as per SEBI ICDR regulations. The shares were allotted to 15 allottees, most of whom appear to belong to the promoter/promoter group (Dholiya family) and related individuals. The newly allotted shares will rank pari-passu with existing equity shares and will be listed on BSE.
This is a routine warrant-to-equity conversion that increases the share count and adds fresh capital of about Rs. 1.80 crore to the company. For shareholders, this leads to modest dilution (5,74,000 new shares) but signals promoter confidence as the allottees are primarily from the promoter family group.