StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action23 Oct 2026, 10:04 am

Seema Ajit Jain Acquires 5.5 Lakh Warrants in Mangal Credit

AI Summary

Seema Ajit Jain has acquired 5,50,000 Convertible Equity Warrants in Mangal Credit and Fincorp Limited through a preferential allotment. This transaction increases her total holding of warrants to 5,50,000. Her shareholding in terms of shares remains unchanged at 1,25,276 shares, representing 0.59% of the total capital. The total diluted share capital of the company after this acquisition is 23,61,39,860.

Key Highlights

  • Seema Ajit Jain acquired 5,50,000 convertible equity warrants.
  • Acquisition was via preferential allotment.
  • Warrant holding increased to 5,50,000.
  • Shareholding remains 1,25,276 shares (0.59%).
  • Total diluted capital stands at 23,61,39,860 shares.