Gemstone Investments Capital Structure Change
Gemstone Investments converted 3.28 crore convertible warrants into equity shares. Allotment was made to non-promoters at a premium of Rs 250 per share.
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Gemstone Investments converted 3.28 crore convertible warrants into equity shares. Allotment was made to non-promoters at a premium of Rs 250 per share.
Gemstone Investments approved the conversion of 2,98,40,000 warrants into equity shares at ₹2.50 each. The ₹7.46 Crore allotment strengthens the company's equity base.
Gemstone Investments approved the conversion of 3.18 crore warrants into equity shares at ₹2.50 each. This ₹7.95 Crore allotment to non-promoters strengthens the company's equity base.
Gemstone Investments approved converting 5.26 crore warrants into equity shares, aggregating ₹9.86 Crore. The move increases paid-up capital and strengthens the company's equity base.
Veluben Velji Keriya acquired 1,98,80,000 equity shares in Gemstone Investments Ltd through warrant conversion. This acquisition represents a 4.24% post-issue diluted equity stake for the acquirer.
Hemesh Rajesh Patel acquired 1,60,00,000 equity shares in Gemstone Investments Limited via warrant conversion. This 5.49% stake acquisition strengthens the acquirer's ownership position.
Gemstone Investments Limited converted 6.18 Crore warrants into equity shares at ₹2.50 each. The ₹15.47 Crore allotment strengthens capital while diluting existing shareholding.
Manisha Mukesh Gala acquired 1,20,00,000 equity shares in Gemstone Investments Limited following the conversion of warrants issued via preferential allotment. This represents a 5.23% stake in the company's current equity capital. The acquirer does not belong to the promoter group.
Gemstone Investments Limited has converted 8,28,00,000 convertible warrants into equity shares of ₹1 face value at a conversion price of ₹2.50 per share. The total transaction value is ₹20.70 Crore. The shares were allotted to nine non-promoter investors following the receipt of full subscription amounts.
Dhairya Management Services Pvt Ltd acquired 2,00,00,000 equity shares of Gemstone Investments Limited via preferential allotment upon conversion of warrants. This non-promoter acquisition represents a 13.65% stake in the target company's current equity capital.
Manali Bhuva acquired 1,20,00,000 equity shares of Gemstone Investments Limited following the conversion of warrants. This acquisition represents 8.19% of the company's total voting capital, increasing the acquirer's total holding to 8.33%. The allotment was made via a preferential issue mechanism on April 21, 2024.
Mahevarsh Fincon Private Limited, a promoter group entity, acquired 1.98 crore equity shares in Gemstone Investments Limited following the conversion of warrants. This preferential allotment increased the acquirer's stake from 0.12% to 13.57% of the total voting capital.
Gemstone Investments Ltd approved the conversion of 7.18 crore convertible warrants into equity shares of ₹1 face value each. The allotment to non-promoter investors was made at a conversion price of ₹2.50 per share, aggregating to ₹17.95 Crore. This exercise of warrants strengthens the company's equity base.