Allotment of 6,27,778 shares upon conversion of preferential warrants

Warrants ConvertedFund Raising View source PDF

SGFIN · price

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Price reaction · full curve 14 horizons · vs prior close

+1.4%1-day move

₹451.30

prior close

₹461.60

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.0-0.2-0.2-0.2+1.4+1.9+3.4+3.1+14.0+10.1+25.9+33.1+26.4+48.8

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AI summary

SG Finserve allotted 6,27,778 equity shares (FV ₹10) on April 8, 2026, via conversion of warrants issued on a preferential basis (Oct 2024). Company received ₹337.5/share (balance 75% of ₹450 issue price), aggregating ~₹21.19 crore. Allottees: Rohan Gupta (Promoter, 3,27,778 shares) and Marigold Partners (Non-Promoter, 3,00,000). Post-allotment paid-up equity capital is ₹65.90 crore (6,58,95,000 shares). New shares rank pari passu.

Likely market impact

Equity dilution of ~1% with ~₹21.19 cr capital infusion. Promoter holding increases slightly; minor impact on share price expected.