Announced Wed, 29 Jul · 14:22 IST
Warrants converted: 26.10 lakh shares allotted, 23.90 lakh warrants lapsed, Rs 2.39 cr forfeited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Valencia Nutrition allotted 50 lakh convertible warrants on Jan 28, 2025 at Rs 40 each on preferential basis. Of these, 26.10 lakh warrants were converted into equity shares (10.90 lakh on Feb 10, 2026 and 15.20 lakh on Jun 9, 2026). Remaining 23.90 lakh warrants held by Manish Turakhia lapsed on expiry of 18-month tenure, resulting in forfeiture of Rs 2.39 crore. Company states no change in paid-up share capital.
Likely market impact
26.10 lakh new shares issued from warrant conversions. 23.90 lakh warrants lapsed, Rs 2.39 cr forfeited. Mild dilution partially offset by forfeited amount.