Sudarshan Chemical allots shares on promoter warrant conversion
SUDARSCHEM · price
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Sudarshan Chemical allotted 9,80,000 equity shares to promoter Mr. Rajesh Balkrishna Rathi upon conversion of warrants issued in December 2024. He paid the remaining 75 percent amount of Rs. 74.95 crore at Rs. 1,019.75 per share. Promoter group holding rises from 8.19 percent to 9.32 percent. Paid-up equity capital increases to Rs. 15.92 crore.
Mild dilution from warrant conversion. Promoter stake rises to 9.32 percent. About Rs. 75 crore capital infusion completed.