Announcement under Regulation 30 receipt of in-principle approval from BSE for issuance of convertible warrants on preferential basis.
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Pune E-Stock Broking Ltd has received BSE's in-principle approval to issue 20,00,000 convertible warrants to promoter and non-promoter categories on a preferential basis. Each warrant is convertible into 1 fully paid-up equity share of face value Rs. 10, at an issue price of Rs. 171 per warrant. The total issue size aggregates to Rs. 34.20 crores. The approval was granted via BSE's letter dated September 3, 2025. This is an intimation under SEBI LODR Regulation 30.
The preferential warrant issuance will dilute existing shareholders once converted into equity, though the capital infusion of Rs. 34.20 crores may strengthen the company's capital base. Promoter participation signals confidence, but warrants also mean potential future dilution when holders choose to convert.