BSERegency Fincorp LtdMediumNeutral
Announced Fri, 26 Jun · 18:13 IST

Warrants converted into 28.12 lakh equity shares

Warrants ConvertedFund Raising View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹38.50
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.9+3.6+3.9+3.8+3.8+0.4+22.1
Up moveDown movePending
AI summary

Regency Fincorp allotted 28,12,120 equity shares at Rs. 22 each (including Rs. 12 premium) on conversion of warrants to non-promoter public allottees, raising about Rs. 4.64 crore. Paid-up equity capital rises to Rs. 88.85 crore across 8.88 crore shares of Rs. 10. Separately, 24.17 lakh warrants out of 4.33 crore originally issued were not converted and stand forfeited. Allottees include 11 entities such as individuals and ESR Corporate Consultants LLP.

Likely market impact

Equity dilution from 28.12 lakh new shares; Rs. 4.64 crore added to capital. Forfeiture of 24.17 lakh warrants signals some holders skipped conversion.