StockWatch
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Plastic Products - Industrial
Shareholding5 Jun 2026, 02:42 pm

Bilcare Ltd Increases Caprihans India Stake via Warrant Conversion

AI Summary

Bilcare Limited, the promoter of Caprihans India Limited, has exercised its right to convert warrants into equity shares. In the fourth tranche, 2,65,000 equity shares were allotted on June 2, 2026, increasing Bilcare's stake in Caprihans India to 62.92% (1,09,18,325 shares) prior to this allotment, and subsequently to 63.47% (1,11,83,325 shares) after the allotment. This move is part of a series of warrant conversions that have progressively raised Bilcare's shareholding in its subsidiary.

Key Highlights

  • Bilcare Limited converted 2,65,000 warrants into equity shares.
  • Caprihans India Limited's promoter stake increased to 63.47%.
  • The acquisition was made via preferential allotment of equity shares.
  • This is part of a series of warrant conversions by the promoter.