Almondz Global Securities Ltd.

Key Quantitative Figures

  • Number of warrants allotted: 80,00,000 (Eighty Lakhs)
  • Issue price per warrant: ₹16.58
  • Face value of underlying equity shares: ₹1 per share
  • Initial payment received: 25% of issue price
  • Balance payment required: 75% of issue price
  • Conversion period: Within 18 months from date of allotment
  • Conversion ratio: 1 Equity Share per Warrant

Dates of Action

  • Committee meeting date: June 29, 2026
  • Allotment date: June 29, 2026
  • Previous communication date: June 22, 2026

Parties Involved

  • Issuing Company: Almondz Global Securities Limited
  • Allottee: Ms. Nandakumar Padma (Individual)
  • Category: Non-Promoter, Public Category
  • Committee: Committee For Further Issue of Share of Almondz Global Securities Limited

Financial and Capital Structure Impact

  • The allotment of warrants does not result in any immediate change in the paid-up share capital of the Company
  • Paid-up share capital will increase only upon exercise and subsequent conversion of warrants into equity shares
  • Warrants are subject to lock-in period as per Chapter V of SEBI ICDR Regulations, 2018
  • Total potential equity dilution: 80,00,000 shares upon full conversion

Terms and Conditions

  • Warrants are fully convertible, entitling allottees to apply for and be allotted equal number of equity shares
  • Conversion requires payment of balance 75% of issue price within 18 months from allotment date
  • Allotment made on preferential basis for cash consideration