Announced Thu, 16 Jul · 20:01 IST
5,50,400 Warrants Lapse and Forfeited at Silicon Rental Solutions
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹81.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+3.1—+4.9+0.5-4.4—————
Up moveDown movePending
AI summary
Silicon Rental Solutions informed BSE that 5,50,400 convertible warrants allotted on January 15, 2025 at Rs 222 each on a preferential basis have lapsed after warrant holders failed to pay the balance 75 percent within the 18-month exercise period ending July 15, 2026. The 25 percent upfront amount of Rs 3.05 crore stands forfeited. No warrants were exercised, and there is no change in the company's paid-up share capital.
Likely market impact
No change in paid-up capital. Company retains Rs 3.05 crore as forfeited upfront amount. Signals weak commitment or cash constraints among the allottees.