Announced Fri, 6 Nov, 2026 · 10:43 IST
Promoter allotted 18 lakh convertible warrants in WardWizard Healthcare
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 Sheetal Mandar Bhalerao was allotted 18,00,000 warrants at Rs 10 each on 4 November 2026. Each warrant can convert into one Rs 10 equity share within 18 months. She holds 34,760 shares, equal to 14.19% of current voting shares and 0.31% assuming all warrants convert. With the new warrants, her potential voting stake reaches 16.51%. She paid 25% upfront; the balance is due at conversion.
Likely market impact
The promoter is committing funds, and her potential voting power rises sharply after conversion. Exercise of the warrants would dilute existing shareholders.