Announced Tue, 27 Oct, 2026 · 21:41 IST
EGM seeks approval for promoter warrants worth Rs 9.982 crore
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
EGM on 18 November 2026 seeks approval for 14 lakh convertible warrants at Rs 71.30 each to three promoter-group allottees, raising up to Rs 9.982 crore. Each converts into one Rs 10 share within 18 months, with 25 percent upfront. The notice also confirms 250,000 shares were issued in September 2025 on earlier warrant conversion at Rs 332.86. Funds will support expansion, projects and working capital.
Likely market impact
Full conversion may dilute existing shareholders, while promoter funding supports growth. EGM approval and share-price pressure are key risks.