Key Quantitative Figures
- Total warrants allotted on January 2, 2025: 82,33,359 warrants
- Warrants not converted within prescribed period: 47,87,630 warrants
- Warrants lapsed: 47,87,630 warrants
- Amount paid on lapsed warrants: Forfeited (exact amount not quantified in disclosure)
Dates of Action
- Warrant allotment date: January 2, 2025
- Prescribed conversion period: 18 months from date of allotment
- Disclosure date: July 10, 2026
- In-principle approval dates from exchanges: December 19, 2024
Parties Involved
- Regulatory authorities: SEBI (Securities and Exchange Board of India)
- Stock exchanges: BSE (Bombay Stock Exchange) and NSE (National Stock Exchange)
Financial Impact
- Amount paid on 47,87,630 lapsed warrants stands forfeited
- Financial impact of forfeiture not quantified in the disclosure
- No impact on share capital as warrants were not converted to equity shares
Capital Structure Impact
- No change in issued share capital as warrants lapsed without conversion
- No dilution effect from the lapsed warrants
Basis of Action
Action taken in accordance with:
- Terms of issue of warrants
- Applicable provisions of SEBI (ICDR) Regulations, 2018
- In-principle approvals received from NSE and BSE
Stock Exchange Details
- BSE Scrip Code: 543193
- NSE Symbol: DJML