Shareholding6 Nov 2026, 05:26 pm
Diana Tea Co. Warrants Acquisition: 40.74 Lacs Acquired
AI Summary
Diana Tea Company Limited has disclosed the acquisition of 40,74,075 Equity Convertible Warrants by its Promoter and Promoter Group, including Diana Capital Limited and Persons Acting in Concert (PACs). The warrants were issued via preferential allotment at a price of ₹27/- each, with a premium of ₹2/-. Upon conversion, each warrant entitles the holder to one fully paid-up equity share of face value ₹25/-. This acquisition represents 21.37% of the total diluted share capital. The total holding of shares and warrants after this transaction is 9,194,854 Equity Shares and 40,74,075 Convertible Warrants, constituting 69.60% of the total diluted share capital.
Key Highlights
- Promoter group acquired 40,74,075 Equity Convertible Warrants.
- Acquisition via preferential allotment at ₹27 per warrant.
- Warrants represent 21.37% of total diluted share capital.
- Post-acquisition, total holding is 9,194,854 shares and 40,74,075 warrants.
- Total diluted shareholding post-acquisition stands at 69.60%.
Price Impact
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