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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Valiant Communications' Preferential Issue Committee approved the allotment of 2,50,000 equity shares following the early conversion of an equal number of fully convertible warrants. The warrants were originally allotted on November 27, 2025, at an issue price of ₹768 per warrant via preferential placement. All allottees are non-promoter investors: Rajiv Khanna (25,000), Prajesh Maroo (25,000), Niveshaay Hedgehogs Fund (1,00,000), and Niveshaay Sambhav Fund (1,00,000). Post-allotment, the company's paid-up equity capital stands at ₹11,69,20,900 divided into 1,16,92,090 shares. An additional 3,50,000 convertible warrants remain outstanding and available for future conversion.
Early conversion of warrants into equity shares dilutes promoter holding and increases the public float, which is typically neutral to mildly negative for existing shareholders in the short term, though it reduces future warrant overhang.