Corporate Action29 Sept 2026, 09:00 pm
Capfin: 1.5 Lakh Warrants Forfeited, ₹1.275 Cr Amount Forfeited
AI Summary
Capfin India Ltd. announced the forfeiture of 1,50,000 convertible warrants. These warrants, originally allotted on March 28, 2025, at an issue price of ₹340 each, were not exercised by the warrant holder, Sixth Venture Advisors LLP, by the deadline of September 28, 2026. Consequently, the warrants stand forfeited with effect from September 29, 2026. The company has forfeited an amount of ₹1,27,50,000 (₹1.275 crore) due to the non-exercise. This action is in compliance with Regulation 30 of the SEBI Listing Regulations.
Key Highlights
- 1,50,000 convertible warrants of Capfin India were forfeited.
- Warrants were not exercised by the September 28, 2026 deadline.
- ₹1.275 crore was forfeited by the company.
- Sixth Venture Advisors LLP was the warrant holder.
- No change in capital structure due to the forfeiture.
Price Impact
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