Bilcare: Preference Shares Redemption & Warrants Conversion
Bilcare Limited announced the redemption of 1,56,00,000 preference shares of Caprihans India Limited (CIL) and the conversion of 10,40,000 warrants into equity shares of CIL. The company redeemed 78,00,000 shares on May 28, 2026, and 78,00,000 shares on May 29, 2026. Post-conversion, Bilcare's shareholding in CIL increased, reaching 105,18,325 equity shares, representing 62.04% of the total equity share capital. The Board of Directors approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, with no dividend recommended.
Key Highlights
- Bilcare redeemed 1,56,00,000 preference shares of Caprihans India Limited.
- 10,40,000 warrants were converted into equity shares of Caprihans India Limited.
- Bilcare's shareholding in Caprihans India Limited increased to 62.04%.
- No dividend was recommended for the year ended March 31, 2026.
- Board approved audited financial results for quarter and year ended March 31, 2026.
Price Impact
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