Zota Health Care LImited has informed the Exchange regarding allotment of 33484 equity shares upon conversion of warrants pursuant to Preferential Issue vide circular resolution passed on May 20, 2025
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Zota Health Care Limited has allotted 33,484 fully paid-up equity shares of Rs. 10 each at an issue price of Rs. 509 per share (including Rs. 499 premium), pursuant to the conversion of warrants issued under a preferential allotment to non-promoter group category. The company received Rs. 1.28 crore (75% warrant exercise money at Rs. 381.75 per warrant) from 2 warrant holders — Garima Chordia (14,734 shares) and Pravin Pannalal Shah HUF (18,750 shares). As a result, the paid-up equity capital has increased from Rs. 29.43 crore (2,94,30,033 shares) to Rs. 29.46 crore (2,94,63,517 shares). Out of the original 26,44,836 warrants allotted on August 14, 2024, 21,36,440 warrants remain outstanding for future conversion.
This is a routine partial conversion of previously issued warrants, resulting in minor dilution (~0.11% increase in share count). The new shares rank pari passu with existing shares. No significant impact on share price expected as this was already disclosed and priced in.