VVIP Infratech board approves 72 lakh warrants at Rs 137, Rs 30 cr in subsidiary
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.1 pts less than Nifty Microcap 250 and 2.6 pts less than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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VVIP Infratech board approved issuing up to 72,04,200 convertible warrants at Rs 137 each on preferential basis, raising up to about Rs 98.70 crores from 12 investors. Promoters Vibhor Tyagi, Vaibhav Tyagi and Suman Tyagi get 20.68 lakh warrants each. Warrants carry 18-month tenor. Board also approved Rs 30 crore further investment in subsidiary VVIP Realtech for working capital and loan repayment. EGM set for November 18, 2026.
Promoter stake rises sharply, diluting existing holders. Needs shareholder approval at EGM. Subsidiary funding aids growth.