Capital Structure Change announcements

Wakefit Innovations Capital Structure Change

Wakefit Innovations Limited's Board approved altering its Memorandum of Association (MOA) to amend existing and include new object clauses, including home improvement, chemicals, and building materials. The changes are subject to member approval via Postal Ballot. This strategic expansion broadens the company's operational scope beyond its core furniture business.

Refex Industries Capital Structure Change

Refex Industries announced the lapse and forfeiture of 1,11,70,000 convertible warrants after holders failed to pay the balance 75% consideration by May 06, 2026. Consequently, the company has forfeited the 25% upfront subscription amount totalling ₹130.69 Crore. There is no change to the company's paid-up share capital.

Value

₹130.7 Cr

Execution

18 months

Rose Merc Capital Structure Change

Rose Merc Limited has allotted 50,500 fully paid-up equity shares at Rs.90 each upon the conversion of warrants. This conversion, involving two non-promoter allottees, represents a total value of ₹0.45 Crore and increases the company's post-allotment paid-up capital to ₹6.19 Crore.

Value

₹0.45 Cr

Gautam Exim Capital Structure Change

Gautam Exim Limited has altered its Memorandum of Association to increase its authorized share capital to ₹13 Crore. The company also implemented a stock split, sub-dividing shares from a face value of ₹10 to ₹5 each. These changes were approved by shareholders at the EGM held on April 30, 2026.

Rishi Laser Capital Structure Change

Rishi Laser Limited allotted 8,00,000 equity shares upon conversion of warrants at an issue price of Rs. 150 each, aggregating ₹12.00 Crore. Nine warrant holders, including promoters, exercised their conversion rights. Consequently, the company's paid-up equity capital increased to ₹9.99 Crore.

Value

₹12.00 Cr

Bajaj Healthcare Capital Structure Change

Bajaj Healthcare Limited has received formal listing approvals from NSE and BSE for 20,79,409 equity shares. These shares were recently allotted following the exercise and conversion of convertible warrants issued on a preferential basis.

SAR Televenture Capital Structure Change

Sar Televenture Limited has allotted 1,00,000 equity shares to Mr. Sanidhya Garg (Promoter Group) following the conversion of 1,00,000 warrants. Consequently, the company's paid-up equity share capital has increased to Rs. 10,02,95,000, divided into 5,01,47,500 shares of face value Rs. 2 each.

Valiant Communications Capital Structure Change

Valiant Communications Ltd allotted 2,50,000 equity shares upon the early conversion of fully convertible warrants at ₹768 each, totaling ₹19.20 Crore. The allotment increases the company's paid-up equity capital to ₹11.69 Crore. Following this conversion, 3,50,000 warrants remain outstanding for future exercise.

Value

₹19.20 Cr

Asian Energy Services Capital Structure Change

Asian Energy Services Limited allotted 36,62,702 equity shares following the conversion of convertible equity warrants. This exercise increased the company's paid-up share capital from 44,94,82,980 to 48,61,10,000, reflecting an expansion in the equity base.

Zee Media Corporation Capital Structure Change

Zee Media Corporation Limited announced that three FPIs will not exercise conversion options for 13.33 Crore warrants valued at ₹199.99 Crore. These warrants, issued on a preferential basis, are due to expire on or before May 7, 2026. This non-conversion results in the lapse of the warrants without equity dilution.

Value

₹200.0 Cr

Prime Fresh Capital Structure Change

Prime Fresh Limited received trading approval from BSE for 1,18,849 equity shares issued upon warrant conversion. Trading in these securities is effective from May 7, 2026. The new shares rank pari-passu with existing equity and are subject to a lock-in period until November 14, 2027.

Rose Merc Capital Structure Change

Rose Merc Limited has allotted 50,750 equity shares of Rs. 10 each at an issue price of Rs. 90 per share upon conversion of warrants. The allotment, valued at approximately ₹0.46 Crore, increases the company's paid-up capital to Rs. 6.19 Crore.

Value

₹0.46 Cr

Titan Intech Capital Structure Change

Titan Intech Limited allotted 57,00,000 equity shares following the conversion of convertible equity share warrants. The conversion involved four public-category allottees including Tricom Impress Private Limited and Waxwing Business Ventures. This exercise follows an original warrant issuance at Rs 55 per share, representing a total value of approximately ₹3.13 Crore.

Value

₹3.13 Cr

iStreet Network Capital Structure Change

iStreet Network Limited approved the conversion of 10,83,334 warrants into equity shares for four public category investors. The company received ₹0.49 Crore as the balance exercise price. This allotment increases the company's paid-up equity share capital to ₹28.20 Crore.

Value

₹0.49 Cr

Span Divergent Capital Structure Change

Span Divergent Ltd has received listing approval from BSE Limited for 18,01,481 equity shares allotted at Rs. 32.16 per share on a preferential basis. The total issue value is ₹5.79 Crore. These shares were issued to Mr. Neev Nirav Jogani, a non-promoter investor.

Value

₹5.79 Cr

SAR Televenture Capital Structure Change

SAR Televenture Limited allotted 2,50,000 equity shares to a promoter group member following the conversion of warrants. Consequently, the company's paid-up equity capital increased to ₹10.01 Crore. The new shares will rank pari-passu with existing equity.

Suditi Industries Capital Structure Change

Suditi Industries Ltd has received trading approval from BSE for 39,00,000 equity shares. These shares were issued to promoters at a price of ₹27.50 per share (including ₹17.50 premium) following the conversion of warrants. The shares were admitted for trading effective May 6, 2026.

Le Lavoir Capital Structure Change

Le Lavoir Ltd has received trading approval from BSE Limited for 2,28,000 equity shares issued upon conversion of warrants. The approval is effective from Wednesday, May 6, 2026. These shares were issued to non-promoters on a preferential basis, expanding the company's listed equity base.

Gemstone Investments Capital Structure Change

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.

Balgopal Commercial Capital Structure Change

Balgopal Commercial Ltd has received trading approval from BSE for 19,00,000 equity shares issued to its promoter on a preferential basis. The shares, issued at ₹60 each (including premium), have a total value of ₹11.40 Crore. Trading for these securities became effective from May 6, 2026.

Value

₹11.40 Cr

Sumuka Agro Industries Capital Structure Change

Gujjubhai Industries Limited received listing approval from BSE for 1,38,13,666 equity shares of Rs. 10/- each. These shares were allotted to shareholders of Gujjubhai Food Private Limited following its amalgamation into the company. Trading approval for these securities will be granted after the submission of required credit confirmation documents.

Shelter Pharma Capital Structure Change

Shelter Pharma Limited has allotted 1,11,000 equity shares at Rs. 42.25 each following the conversion of warrants by a non-promoter investor. The company received Rs. 0.35 Crore as the remaining 75% exercise price. Consequently, the paid-up equity share capital increased to Rs. 16.84 Crore.

Value

₹0.35 Cr

SAR Televenture Capital Structure Change

Sar Televenture Limited allotted 2,50,000 equity shares to a Promoter Group member following the conversion of 2,50,000 warrants. Consequently, the company's paid-up equity share capital increased to Rs. 9.96 Crore, divided into 4,97,97,500 equity shares of Rs. 02/- each. The new shares will rank pari-passu with existing equity.

Value

₹0.50 Cr

BAG Films & Media Capital Structure Change

B.A.G. Films and Media Limited received listing and trading approvals from BSE and NSE for 98,00,000 equity shares. These shares, valued at ₹8.09 Crore, were allotted to Promoter Group members following the conversion of warrants issued on a preferential basis.

Value

₹8.09 Cr

Olatech Solutions Capital Structure Change

Olatech Solutions Ltd has forfeited 9,74,000 unexercised warrants previously issued to a non-promoter investor. The company has retained the upfront payment of ₹4.41 Crore as the conversion option was not exercised within the 18-month timeline. This action reduces potential equity dilution without changing the current paid-up share capital.

Value

₹4.41 Cr

Execution

18 months

Asian Energy Services Capital Structure Change

Asian Energy Services Limited completed the conversion of 36.63 lakh warrants, raising ₹92.03 Crore. This final exercise follows a 2024 preferential allotment, bringing total funds raised to ₹131.03 Crore. Proceeds will fund growth across oil, gas, and coal material handling verticals, strengthening the company's equity base and balance sheet.

Value

₹92.03 Cr

Asian Energy Services Capital Structure Change

Asian Energy Services Ltd allotted 36,62,702 equity shares following the conversion of warrants, receiving ₹92.03 Crore in exercise proceeds. Concurrently, 10,37,298 warrants lapsed due to non-exercise within the 18-month period. This conversion increases the company's paid-up equity capital to ₹48.61 Crore.

Value

₹92.03 Cr

Bannari Amman Spinning Mills Capital Structure Change

Bannari Amman Spinning Mills Limited has forfeited 42,25,806 convertible share warrants due to non-payment of balance subscription funds by the May 3, 2026 deadline. Allottees including M/s Murugan Enterprise, Mrs. Ruchi Gupta, and Mr. Subhash Phootarmal Rathod failed to exercise their conversion rights within the 18-month window.

Execution

18 Months

Vedavaag Systems Capital Structure Change

Vedavaag Systems Limited announced the lapse of 73,98,800 unexercised convertible warrants following the expiry of the 18-month conversion window. Consequently, the company has forfeited the upfront payment of approximately ₹11.65 Crore (25% of the issue price). Only 5,39,200 warrants were converted into equity shares during the period.

Value

₹11.65 Cr

Himalaya Food International Capital Structure Change

Himalaya Food International Ltd has increased its Authorized Share Capital from ₹90 Crore to ₹125 Crore following shareholder approval at its EGM on May 2, 2026. This capital expansion enables future share issuances and required an amendment to Clause V of the company's Memorandum of Association.

Value

₹125.0 Cr