BSEWestern Ministil LtdHighNeutral
Announced Tue, 17 Feb · 22:26 IST

With reference to the subject cited, this is to inform the Exchange that the meeting of the Board of Directors of Western Ministil Limited held on Tuesday, February 17, 2026 at the registered ....

Fund Raising View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Western Ministil Ltd's Board of Directors, at its meeting held on February 17, 2026, approved the allotment of 4,68,562 Convertible Warrants on a preferential basis at an issue price of ₹10 per warrant, aggregating to approximately ₹46.86 lakhs. The warrants were allotted equally between two allottees - Himanshu Shah and Sheetal Jethaji Solanki, each receiving 2,34,281 warrants. The allotment was made pursuant to a special resolution passed by shareholders at the EGM held on December 24, 2025, and following BSE's in-principle approval received on February 2, 2026.

Likely market impact

This is a small preferential equity infusion of around ₹47 lakhs at face value, which is modest in size and may lead to minor dilution upon warrant conversion. Existing shareholders may see limited dilution impact given the small quantum raised from just two allottees.