Announced Wed, 12 Aug · 11:32 IST
EGM on Sep 4 for issuing 70 lakh convertible warrants at Rs 55 each
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹59.00
prior close
₹59.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.1+1.7+1.7+1.7+2.4+4.0+3.7+1.8——
Up moveDown movePending
AI summary
Leo Dryfruits & Spices Trading will hold an EGM on September 4, 2026 via video conferencing to seek shareholder approval for issuing up to 70 lakh fully convertible warrants at Rs 55 each, totalling Rs 38.5 crore. Promoters Kaushik and Ketan Shah will subscribe to 12 lakh warrants each. Issue price is above the floor price of Rs 53.10. Proceeds will be used for working capital, expansion, and debt repayment.
Likely market impact
Potential equity dilution of about 39 percent if all warrants convert. Promoter stake may dip slightly from 38.11 percent to 37.04 percent.