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Other Financial Services
Quarterly Result12 Aug 2026, 04:25 pm

Ajcon Global declares Q1 FY27 unaudited results; forfeits 10L warrants

AI Summary

Ajcon Global Services Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company also reported the forfeiture of 10,00,000 convertible warrants due to non-payment of the balance 75% consideration amounting to ₹4,95,00,000. The upfront payment of ₹1,65,00,000 for these warrants has been forfeited and transferred to the Capital Reserve Account. The Board of Directors approved these results and the warrant forfeiture in a meeting held on August 12, 2026. The trading window for securities remains closed.

Key Highlights

  • Unaudited financial results for Q1 FY27 declared.
  • 10,00,000 convertible warrants forfeited for non-payment.
  • ₹4.95 crore consideration was due for the forfeited warrants.
  • ₹1.65 crore upfront payment forfeited and moved to Capital Reserve.