Announced Wed, 4 Nov, 2026 · 18:53 IST
Allotment of 1,08,70,000 convertible warrants to 17 investors
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
The board allotted 1,08,70,000 fully convertible warrants to 17 promoter and non-promoter investors at Rs 10 each, worth Rs 10.87 crore if converted. The issue was reduced from 1.25 crore warrants. The company received 25%, or Rs 2.72 crore, upfront; Rs 8.15 crore is due on conversion within 18 months. Each warrant converts into one Rs 10 share, so the share count and paid-up capital remain unchanged until conversion.
Likely market impact
No immediate change in the share count. Full conversion would add 1.08 crore shares, dilute holders and bring Rs 8.15 crore if all are exercised.