
P. B. Films Acquires Warrants in Wardwizard Healthcare
P. B. Films Limited has acquired 6,30,000 fully convertible warrants in Wardwizard Healthcare Limited on a private placement basis. Each warrant is convertible into one equity share of Wardwizard Healthcare. The acquisition is for investment purposes to strengthen the company's assets and explore diversified investment opportunities. The total cost of the warrants is ₹63,00,000, with an initial payment of ₹15,75,000 (25%) at allotment and the balance due upon exercise. Upon conversion, P. B. Films expects to hold approximately 5.67% of Wardwizard Healthcare's total equity, without acquiring any control over management or policy decisions. Wardwizard Healthcare operates in the Medical and Healthcare sector, with reported turnovers of ₹84.41 Lakhs in FY26, ₹41.7 Lakhs in FY25, and ₹11.1 Lakhs in FY24.
Key Highlights
- P. B. Films acquired 6,30,000 warrants in Wardwizard Healthcare.
- Total warrant cost is ₹63 Lakhs, with ₹15.75 Lakhs paid upfront.
- Acquisition is for investment diversification, not control.
- Post-conversion stake expected to be 5.67% of Wardwizard Healthcare.
- Wardwizard Healthcare is in the Medical and Healthcare sector.
Price Impact
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