Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Allotment of 2434100 equity shares pursuant to exercise of warrants allotted ....
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Awaiting price reaction for this filing.
Shish Industries has allotted 24,34,100 equity shares (face value Re. 1 each) to warrant holders who paid the balance amount of Rs. 2.19 crore, converting their 24,341 warrants into equity (at roughly Rs. 90 per share implied conversion price). Following this allotment, the company's paid-up equity capital has risen from Rs. 37.95 crore (37.95 crore shares) to Rs. 38.19 crore (38.19 crore shares). The Board approved the allotment at its meeting on November 9, 2025, and the shares are allotted subject to realisation of consideration already paid via RTGS/NEFT. This is part of the conversion of warrants that were earlier issued on a preferential basis to certain investors.
Minor dilution of around 0.06% for existing shareholders, as the share count rises only slightly. Positive for the company as it has successfully received ~Rs. 2.19 crore from warrant holders, confirming capital inflow from a previously committed preferential issue.