Corporate Action2 Jul 2026, 07:40 pm
DJ Mediaprint converts 9.97 lakh warrants into equity shares
AI Summary
DJ Mediaprint & Logistics Ltd's Board of Directors approved the conversion of 9,97,894 warrants into an equal number of equity shares, each with a face value of ₹10 and a premium of ₹104, totaling an issue price of ₹114 per share. The company received ₹8,53,20,000, representing 75% of the issue price, from the allottees. This conversion, approved by shareholders in October 2024, increases the company's paid-up equity share capital to ₹35,92,92,490, comprising 3,59,29,249 fully paid-up equity shares. Following this, 26,80,535 promoter warrants and 21,07,095 non-promoter warrants remain pending for conversion. The newly allotted shares will rank pari-passu with existing equity shares.
Key Highlights
- Board approved conversion of 9,97,894 warrants into equity shares.
- Total consideration received for conversion was ₹8.53 crore.
- Paid-up capital increased to ₹35.93 crore post-allotment.
- New shares issued at ₹114 each, including ₹104 premium.
- Over 4.7 million warrants remain pending for conversion.
Price Impact
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