Announced Thu, 5 Nov, 2026 · 15:51 IST
Promoter acquires 42 lakh warrants, taking diluted stake to 38.60%
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
Promoter Yatin Sanjay Gupte was allotted 42,00,000 convertible warrants at ₹10 each, convertible into one ₹10 share. He already held 90,750 shares: 37.04% of current voting equity and 0.82% assuming all warrants convert. The warrants raise his diluted holding to 38.60%. He paid 25% upfront, with 75% due on conversion within 18 months.
Likely market impact
Shows promoter commitment and would strengthen voting control if converted. Warrants carry no immediate vote, while conversion would dilute existing shareholders.