Corporate Action2 Jun 2026, 05:02 pm
Caprihans India Redeems Pref Shares, Allots Equity on Warrant Conversion
AI Summary
Caprihans India Limited announced the redemption of 39,75,000 preference shares worth ₹3.975 Crores. Concurrently, the company allotted 2,65,000 equity shares to its promoter, Bilcare Limited, upon the conversion of warrants. This conversion, priced at ₹200 per warrant, resulted in an inflow of ₹5.3 Crores and increased Caprihans' paid-up equity share capital to ₹176.19 Crores. The promoter's holding increased to 63.47% post-allotment.
Key Highlights
- 39.75 Lakh preference shares redeemed, reducing preference capital.
- 2.65 Lakh equity shares allotted to promoter Bilcare Limited.
- Warrant conversion raised ₹5.3 Crores for the company.
- Paid-up equity capital increased to ₹176.19 Crores.
- Promoter's shareholding increased to 63.47%.
Price Impact
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