StockWatch
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Other Financial Services
Business Update24 Jun 2026, 03:43 pm

Darjeeling Industries Receives ₹50 Lakhs from Warrant Holder

AI Summary

Darjeeling Industries Ltd announced that its Board of Directors, in a meeting held on June 24, 2026, approved the receipt of the 4th tranche of consideration for convertible warrants. The company received ₹50,00,000 from Mr. Dilip Keshrimal Sanklecha. These warrants were issued on a preferential basis to non-promoter category individuals/entities at a price of ₹16.80 per warrant, including a premium of ₹6.80. This transaction is in accordance with SEBI regulations for the issue of capital and disclosure requirements.

Key Highlights

  • Board approved receipt of 4th tranche of warrant consideration.
  • ₹50 Lakhs received from Mr. Dilip Keshrimal Sanklecha.
  • Warrants issued at ₹16.80 per warrant to non-promoters.
  • Transaction complies with SEBI (ICDR) Regulations, 2018.