Pishu V Chainani Acquires Warrants in Transchem Ltd

Pishu V Chainani has acquired 1,20,00,000 warrants in Transchem Limited through a preferential allotment. These warrants are convertible into equity shares of face value Rs. 10 each, exercisable within 18 months. This acquisition represents 19.51% of the total diluted share capital of Transchem Limited. The total equity share capital of the company before and after the acquisition remains Rs. 12,24,00,000, but the total diluted share capital increases significantly to Rs. 73,74,00,000 post-acquisition, assuming full conversion of warrants.