Corporate Action22 Oct 2026, 07:30 pm
D & H India Withdraws Proposed Preferential Issue of Warrants
AI Summary
D & H India Ltd has withdrawn its proposed preferential issue of up to 21,57,000 convertible warrants to its Promoters and Promoter Group. The issue aimed to raise approximately ₹32.57 Crores (₹3257.07 Lakhs) at ₹151 per warrant. The company communicated its decision to withdraw the proposal to BSE Limited, which subsequently rejected the application for in-principle approval on October 22, 2026. The preferential issue of warrants has therefore been withdrawn and rejected.
Key Highlights
- Proposed preferential issue of 21,57,000 warrants withdrawn.
- Issue aimed to raise ₹32.57 Crores from Promoters/Group.
- BSE rejected the application for in-principle approval.
- The preferential issue has been withdrawn and rejected.
Price Impact
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