Acquisitions18 Feb 2026, 09:44 am
Stellant Securities Acquires 7.98% Fully Diluted Post-Issue Paid-Up Equity Share Capital of PMC Fincorp Limited
AI Summary
Stellant Securities (India) Limited and Mr. Subhash Phootarmal Rathod, as Person Acting in Concert, have acquired 2,00,00,000 and 4,40,00,000 Fully Convertible Warrants respectively. This represents 7.98% of the fully diluted post-issue paid-up equity share capital of PMC Fincorp Limited. The acquisition was made on February 17, 2026, pursuant to a preferential allotment by the Target Company.
Key Highlights
- Stellant Securities and Mr. Subhash Phootarmal Rathod have acquired 2,00,00,000 and 4,40,00,000 Fully Convertible Warrants respectively.
- The acquisition represents 7.98% of the fully diluted post-issue paid-up equity share capital of PMC Fincorp Limited.
- The acquisition was made on February 17, 2026.
- The acquisition was pursuant to a preferential allotment by PMC Fincorp Limited.
- The total diluted share/voting capital of the TC after the said acquisition is INR 8,02,08,16,000/- comprising of 80,20,81,600 Equity Shares of INR 1/- each.
Price Impact
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