Nature of the Disclosure
This is a regulatory intimation to BSE Limited regarding the withdrawal and subsequent rejection of a proposed preferential issue of convertible warrants.
Key Quantitative Figures
The proposed issue was for up to 21,57,000 (Twenty-One Lakh Fifty-Seven Thousand) convertible warrants.
Each warrant had a face value of ₹151 (₹ One Hundred Fifty One).
Each warrant was convertible into 1 (One) Equity Share of ₹10 face value at a premium of ₹141 per share.
The total issue size aggregated to ₹3257.07 Lakhs (₹ Thirty Two Crores Fifty Seven Lakhs Seven Thousand Only).
The conversion period was within 18 (Eighteen) months from the date of allotment.
Dates of Action
The company's initial communication regarding the proposal was dated 15th October 2026 (Reference: D&H/CS/2026-27/54).
The decision to withdraw was communicated to BSE and this intimation was made on 22nd October 2026.
BSE's rejection and classification of the application as withdrawn also occurred on 22nd October 2026.
Parties Involved
Issuer: D & H India Limited (BSE Scrip Code: 517514, Scrip Id: DHINDIA)
Regulatory Recipient: BSE Limited
Allottees: Promoters and Promoter Group of the Company
Company Representative: Rajesh Sen, Company Secretary & Compliance Officer
Outcome and Current Status
The proposed preferential issue of warrants stands withdrawn.
BSE Limited has rejected the application for seeking in-principle approval for the proposed issuance of warrants.
The application has been officially classified as "withdrawn."
Financial Impact
Financial impact not quantified in the disclosure. The withdrawal prevents the potential capital inflow of ₹3257.07 lakhs and avoids equity dilution that would have occurred upon conversion of the warrants.
#Tags: #D&HIndia #PreferentialIssue #Warrants #SEBIDisclosure #RegulatoryCompliance #CapitalRaising #Neutral