Gemstone Investments Fund Raise of ₹24.6 Cr
Gemstone Investments Limited reported the utilization of ₹24.60 Crore raised via preferential warrant issuance. The audit committee confirmed zero deviation from the stated objects.
- Value
- ₹24.60 Cr
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Gemstone Investments Limited reported the utilization of ₹24.60 Crore raised via preferential warrant issuance. The audit committee confirmed zero deviation from the stated objects.
Dipali Jigar Shah acquired 1,60,00,000 shares (5.49% stake) in Gemstone Investments Limited via preferential allotment. This strategic issuance expands the company's equity base to support growth.
SP and Nisha Private Limited acquired 1,90,00,000 equity shares (8.28% stake) of Gemstone Investments Limited through a preferential allotment. The acquisition increases the total diluted share capital of the target company to 46,83,50,000 shares.
Gemstone Investments Limited issued 2,00,00,000 shares to Bhavesh Shamji Dedhia and others via a preferential allotment. This represents 13.65% of the post-issue share capital, significantly expanding the company's equity base.