Corporate Action5 Jun 2026, 06:53 pm
Caprihans India: Promoter Bilcare Forfeits ₹1.57 Cr Warrants
AI Summary
Caprihans India Limited announced that its promoter, Bilcare Limited, has decided not to exercise its option to convert 3,15,000 warrants into equity shares before their expiry on June 4, 2026. Consequently, these warrants, along with the application money of ₹1,57,50,000, have been forfeited by Caprihans India. This disclosure is made in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. Bilcare Limited was holding these warrants with a face value of ₹200 each.
Key Highlights
- Promoter Bilcare Limited forfeits 3,15,000 warrants in Caprihans India.
- Total value of forfeited warrants amounts to ₹1,57,50,000.
- Warrants were not exercised before the expiry date of June 4, 2026.
- Disclosure made as per SEBI (Prohibition of Insider Trading) Regulations, 2015.
Price Impact
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