Corporate Action10 Jul 2026, 04:03 pm
DJ Mediaprint Warrants Lapsed: 47.87 Lakh Unconverted
AI Summary
DJ Mediaprint & Logistics Ltd announced that 47,87,630 warrants, out of 82,33,359 allotted on January 2, 2025, have lapsed. These warrants were not converted into equity shares within the prescribed 18-month period. Consequently, the amount paid for these lapsed warrants stands forfeited as per the terms of issue and SEBI regulations. This event impacts the potential equity dilution that was previously anticipated.
Key Highlights
- Nearly 4.8 million warrants have lapsed.
- Warrants were allotted on January 2, 2025.
- Conversion deadline of 18 months was missed.
- Amounts paid for lapsed warrants are forfeited.
- Impacts potential future equity dilution.
Price Impact
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