Tipco Engineering India Ltd: Ritesh Sharma Acquires 16 Lakh Warrants

Ritesh Sharma, along with PACs Sonia Sharma and Veena Rani Sharma, have acquired 16,00,000 Fully Convertible Warrants of Tipco Engineering India Limited. These warrants represent 5.86% of the post-allotment paid-up share capital, acquired on a preferential basis on November 12, 2026. The acquisition was made at a value of Rs. 10/- each. Following this acquisition, Ritesh Sharma holds 80,81,990 shares (35.34%), Sonia Sharma holds 34,73,190 shares (15.19%), and Veena Rani Sharma holds 4,47,000 shares (1.95%). The total diluted share capital post-acquisition is Rs. 27,28,59,860/-.