Vivo Collab allots 22 lakh warrants at Rs 77 on preferential basis
VIVO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vivo Collaboration Solutions allotted 22 lakh warrants on Sept 29, 2026 at Rs 77 each, totalling about Rs 16.94 crore, to 10 allottees including 2 promoter group entities and 8 non-promoters. Company received Rs 4.23 crore as 25 percent subscription. Each warrant converts to 1 equity share of Rs 10 face value within 18 months on payment of balance 75 percent. No change in paid-up capital yet. On full conversion, promoter UC IT Managed Services holding drops from 73.39 percent to 49.32 percent on fully diluted basis.
Dilution risk if all warrants convert; promoter UC IT holding falls from 73 percent to 49 percent. Rs 4.23 crore cash in now, up to Rs 12.7 crore more over 18 months.