Outcome of the board meeting held today i.e. 01.01.2026 for allotment of 2,18,30,000 Equity Shares pursuant to conversion of Fully Convertible Equity Warrants.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 3.9 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
SC Agrotech's board, at its meeting on January 1, 2026, approved the allotment of 73,95,000 equity shares (face value INR 10) to two non-promoter allottees upon conversion of an equivalent number of Fully Convertible Equity Warrants. These warrants were originally issued at INR 16 per warrant on December 3, 2025. The allottees are Saize Enterprise Private Limited (37,05,000 shares) and Parmar Divyeshkumar Ramanbhai (36,90,000 shares). Following this allotment, the company's paid-up equity capital rose from INR 27,82,50,000 (2,78,25,000 shares) to INR 35,22,00,000 (3,52,20,000 shares). Note: the headline mentions a higher figure of 2,18,30,000 shares, which does not match the detailed document body.
The conversion is dilutive for existing shareholders, increasing the share count by about 26.6%. Since this is part of a previously announced preferential warrant issuance (total 7 crore warrants issued earlier), the equity expansion was largely expected and may weigh on the stock in the short term due to dilution.