P.B. Films Limited disclosed an investment in fully convertible warrants of Wardwizard Healthcare Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Quantitative Figures
- Number of warrants acquired: 630,000 fully convertible warrants
- Each warrant convertible into one equity share of face value ₹10 each
- Total issue size: ₹63,00,000 (Sixty-Three Lakh Only)
- Initial payment made: ₹15,75,000 (Fifteen Lakh Seventy-Five Thousand Only) representing 25% of total consideration
- Balance payment: 75% of warrant issue price payable at time of conversion
- Potential equity stake upon conversion: 5.67% of total equity capital of Wardwizard Healthcare Limited
Parties Involved
- Investing entity: P.B. Films Limited
- Target entity: Wardwizard Healthcare Limited (BSE Listed Company)
- Managing Director: Sneha Ray (DIN: 05294801)
Purpose and Rationale
The investment is for cash consideration to strengthen assets and gain exposure to diversified assets. The company stated this is purely for investment purposes with no expectation to acquire any substantial stake in the target company in future.
Additional Details on Target Entity
- Wardwizard Healthcare Limited incorporated on 03/01/1985 under Companies Act, 1956
- Industry: Medical and Healthcare Activities
- Corporate Office: 11 Windward Business Park, opp Aadicura Hospital, Jetalpur Road, Alkapuri, Vadodara, Gujarat, 390007
- Turnover history:
- FY 2025-26: ₹84.41 Lakhs
- FY 2024-25: ₹41.7 lakhs
- FY 2023-24: ₹11.1 lakhs
Transaction Specifics
- Not a related party transaction
- No governmental or regulatory approvals required
- No controlling interest or management control expected in target company
- Transaction conducted at arm's length
#P.B.Films #WardwizardHealthcare #SEBIRegulation30 #InvestmentDisclosure #Neutral