Valencia Nutrition: 23.9 Lakh Warrants Lapsed, ₹2.39 Cr Forfeited

Valencia Nutrition Ltd has reported the lapse of 23,90,000 convertible warrants, originally allotted on January 28, 2025. These warrants were convertible into equity shares within 18 months. A total of 26,10,000 warrants were exercised and converted into equity shares on February 10, 2026, and June 9, 2026. The remaining 23,90,000 warrants, held by Manish Turakhia, have lapsed upon expiry of the conversion period. Consequently, an amount of ₹2,39,00,000 has been forfeited. The company stated there is no change in its paid-up share capital due to these conversions and lapses.