Mercury Ev-Tech announced the lapse of 4.53 crore warrants and forfeiture of ₹84.94 Crore upfront subscription. The non-conversion signals missed capital infusion opportunities.
United Polyfab Gujarat received in-principle approval from BSE for direct listing of 2,29,51,550 shares. This marks a significant milestone for the company's exchange presence.
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.
Kranti Industries forfeited ₹0.50 Crore after a warrant holder failed to convert 2,50,000 warrants. These warrants now stand cancelled, reducing potential equity dilution.
Borosil Renewables Ltd allotted 94,338 equity shares following warrant conversions, receiving ₹3.75 Crore in balance payments. The company's paid-up capital increased to 14,02,83,183 shares.
Urban Enviro Waste Management Capital Structure Change
Urban Enviro Waste Management received NSE in-principle approval for 32,00,000 equity shares. The issuance follows warrant conversions, enhancing the company's equity capital base.
Gretex Corporate Services Capital Structure Change
Gretex Corporate Services approved increasing its authorised share capital to ₹26.5 Crore. This amendment to the MOA enables future capital raises and growth flexibility.
Achyut Healthcare Ltd received BSE listing approval for 58,00,000 equity shares issued at ₹3.48 Crore. The shares were allotted on a preferential basis to promoters and non-promoters.
Shree Pacetronix Limited received BSE listing approval for 75,150 equity shares following a promoter warrant conversion. The approval formalizes the inclusion of these shares for trading.
JoJo Limited allotted 90,00,000 equity shares following warrant conversions, raising ₹27.0 Crore. This conversion strengthens the company's capital base and increases paid-up equity capital.
Nexome Capital Markets Ltd received BSE listing approval for 19,20,000 equity shares. These shares were issued at a premium of ₹54 per share following the conversion of warrants. The approval allows these shares to be officially dealt with on the exchange.
Religare Enterprises Limited shareholders approved shifting the company's Registered Office from Delhi to Haryana. This involves an amendment to Clause II of the Memorandum of Association, subject to regulatory approvals. The move centralizes administrative operations in Haryana.
Master Trust Ltd's subsidiary, Master Capital Services Limited, received NSE listing approval for 30,000 Non-Convertible Debentures (NCDs) valued at ₹30 Crore. The NCDs carry an 11% coupon rate and mature on August 5, 2027. Trading on the NSE Debt Segment commenced effective May 7, 2026.
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 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.
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.
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 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.
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 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 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.
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 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.
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 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.
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.
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.
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.
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 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.