Allotment of Equity Shares upon conversion of share warrants.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Regency Fincorp Limited has allotted 58,62,879 equity shares to non-promoter/public category investors following the conversion of share warrants. The conversion price was Rs. 22 per share (including a premium of Rs. 12), generating Rs. 9.67 crore in total proceeds for the company. The warrants were originally allotted on 28 December 2024 with a 25% upfront payment; holders paid the remaining 75% to convert. Notable allottees include Rakesh Gupta and Anita Gupta (10 lakh shares each), and GBD Enterprises Private Limited (4.5 lakh shares). Post-conversion, the company's paid-up capital stands at Rs. 86.03 crore across 8.60 crore shares. Approximately 52.3 lakh warrants remain outstanding for future conversion.
The conversion dilutes promoter holding while bringing in fresh equity capital. The substantial share issuance increases the public float and may exert near-term pressure on earnings per share. Investors should monitor the remaining 52 lakh outstanding warrants and their conversion timeline.