Allotment of Equity Shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tahmar Enterprises' board, meeting on August 14, 2025, approved converting 2.1 crore warrants held by promoter Mr. Rajshekhar Nair into equity shares of Rs. 1 face value on a preferential basis. The 75% balance amount of Rs. 1.575 crore due on the warrants was adjusted against an unsecured loan the promoter had earlier given to the company, so no fresh cash was infused. As a result, the company's paid-up equity capital rises from Rs. 13.48 crore to Rs. 15.58 crore, a dilution of about 15.6% for existing non-promoter shareholders. Separately, the board also cleared Q1 FY26 results (net loss widened to Rs. 142 lakh from Rs. 23.8 lakh YoY despite steady sales of Rs. 208 lakh), approved shifting the registered office, and announced plans to launch its own whisky, rum and vodka brands in Maharashtra using existing 30,000 sq ft bottling capacity following a new state liquor policy.
The warrant conversion is non-cash (loan set-off against promoter dues), so it strengthens the promoter group's stake but dilutes non-promoter shareholders by ~15.6%. The wider Q1 loss and the new liquor foray are key swing factors; retail investors should watch execution of the MML launch and whether it can turn the loss-making operations profitable.