Board Meeting10 Jun 2026, 08:31 pm
DJ Mediaprint Converts 2.92L Warrants to Equity Shares
AI Summary
DJ Mediaprint & Logistics Ltd announced the conversion of 2,92,001 convertible warrants into equity shares, following shareholder approval from October 2024 and board approval today. The conversion, which involved receipt of ₹2,49,66,000 (75% of the issue price), increases the company's paid-up equity share capital to ₹34,66,98,520. Post-conversion, 36,10,359 warrants for promoter Dinesh Muddu Kotian and 24,36,668 warrants for non-promoters remain pending conversion. The new equity shares will rank pari-passu with existing shares.
Key Highlights
- 2,92,001 warrants converted into equity shares.
- Company's paid-up equity capital increased to ₹34.67 Cr.
- ₹2.49 Cr received as 75% conversion amount.
- Significant number of warrants still pending conversion.
Price Impact
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