Announced Fri, 6 Nov, 2026 · 16:31 IST
12.92 crore convertible equity warrants allotted to Venice Merchandise
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Sun Retail allotted 12,92,03,800 fully convertible equity warrants to Venice Merchandise Private Limited at Rs 1 each in the third preferential tranche. It received 25% of the consideration upfront; 75% is due on conversion within 18 months. Paid-up capital is unchanged for now. The annexure assumes 4,69,83,200 warrants convert, giving the allottee 20.67%.
Likely market impact
Conversion would dilute existing holders, while paid-up capital is unchanged for now. The allottee's assumed post-conversion stake is 20.67%.