Sampann Utpadan India Limited has informed the Exchange regarding Outcome of Board Meeting held on September 30, 2025. regarding allotment of Shares on Conversion of Warrants
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Sampann Utpadan India Limited's board, at its meeting on September 30, 2025, approved the allotment of 82,00,000 (82 lakh) equity shares of Rs. 10 each at a premium of Rs. 23.90 per share (total issue price Rs. 33.90), pursuant to the conversion of 82 lakh convertible warrants that were originally issued on February 17, 2025. This leaves 23 lakh warrants still pending conversion out of the 1.05 crore originally issued. The shares were allotted on a preferential basis to 3 allottees: promoter Sachin Agarwal (34 lakh shares, raising his holding from 12.50% to 17.36%), Ebisu Global Opportunities Fund Limited (24 lakh shares, 4.92% new holding), and Unico Global Opportunities Fund Limited (24 lakh shares, 4.92% new holding). The company has received Rs. 20.85 crore, which represents the 75% of the issue price payable on conversion.
This is a dilution event — total share count rises by 82 lakh shares, slightly reducing existing shareholders' percentage stake, though the promoter group's overall holding increases. Two new foreign fund investors (Ebisu Global and Unico Global) are now on the shareholder list, which may be viewed positively as institutional validation. The 23 lakh unconverted warrants remain a future dilution overhang.