Corporate Action4 Sept 2026, 04:41 pm
Megamont Ltd: Warrants Convert to Equity, Shareholding Rises
AI Summary
Megamont Limited (formerly VR Woodart Limited) has filed disclosures regarding the conversion of warrants into equity shares. Following this conversion, the shareholding of Parushana Suyash Chhajed and Persons Acting in Concert (PAC) has increased from 6.58% to 6.89%. The conversion was done on a preferential basis. The total diluted share capital of the company has also increased due to this conversion.
Key Highlights
- Warrants converted into equity shares on a preferential basis.
- Shareholding of acquirer group increased from 6.58% to 6.89%.
- Total diluted share capital of Megamont Ltd increased.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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