Announced Fri, 13 Feb · 19:22 IST

Allotment Of 38,85,000 Equity Shares Of Face Value Of INR 10/- Each Pursuant To Conversion Of 38,85,000 Fully Convertible Equity Warrants ("Warrants'''')

Warrants ConvertedFund Raising View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mardia Samyoung Capillary Tubes Company has allotted 38,85,000 equity shares (face value INR 10 each) following the conversion of an equal number of fully convertible equity warrants. The shares were allotted to Mr. Yadav Raj Kumar Badai, a non-promoter allottee, at a price of INR 13.50 per share. The warrants were originally issued on a preferential basis on February 5, 2026. As a result of this conversion, the company's paid-up equity capital has risen from about INR 5.08 crore (5,07,57,873 shares) to about INR 5.46 crore (5,46,42,873 shares). The Board approved this allotment at its meeting held on February 13, 2026.

Likely market impact

The conversion results in a modest ~7.7% increase in the company's share count and brings in additional capital (about INR 5.24 crore) from the non-promoter allottee, which may slightly dilute existing shareholders' holdings.