Revised outcome filed for allotment of 6,95,100 Equity shares and 15,55,600 Warrants convertible into Equity shares on a preferential basis
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Suditi Industries has allotted 6,95,100 equity shares at Rs. 59.12 each (face value Rs. 10 + premium of Rs. 49.12), raising Rs. 4.11 crores from 7 non-promoter investors on a preferential basis. Additionally, the company has allotted 15,55,600 convertible warrants at Rs. 59.12 each (total issue size Rs. 9.20 crores on full conversion) to 7 non-promoter allottees, with each warrant convertible into one equity share within 18 months. The company has received Rs. 2.30 crores as the 25% upfront subscription amount for the warrants; the balance 75% (Rs. 44.34 per warrant) is payable on exercise. The allotments were approved by shareholders at an EGM on January 16, 2026, and BSE gave in-principle approval on March 16, 2026. Post-allotment, total issued equity shares stand at approximately 4.98 crores, of which 4.78 crores have been subscribed and allotted.
Immediate equity dilution is about 1.45% (6.95 lakh shares out of ~4.78 crores), and full conversion of the 15.55 lakh warrants within 18 months would add another ~3.25% dilution. The company has raised only Rs. 6.41 crores in immediate cash (Rs. 4.11 cr from shares + Rs. 2.30 cr upfront from warrants), with another Rs. 6.90 crores possible only if warrant holders choose to exercise, so this is a moderate, conditional capital raise rather than a full-fledged fund infusion.