Key Quantitative Figures
- Total warrants originally issued: 25,00,000 (Twenty Five Lakhs)
- Warrants expired: 6,27,409 (Six Lakhs Twenty Seven Thousand Four Hundred and Nine)
- Issue price per warrant: ₹45 (Face Value ₹10 + Premium ₹35)
Parties Involved
- Issuing company: Vivo Bio Tech Limited
- Allottee: Dwight Technologies Private Limited
- Disclosure signed by: Bhavish Vijayvargiya, Company Secretary (M.No.A77631)
Reason for Expiry
Warrants expired due to non-exercise by the allottee before completion of the eighteen-month tenure from the date of allotment.
Financial Impact
The premium amount of ₹35 per warrant on the expired 6,27,409 warrants (totaling ₹21,959,315) is forfeited by the company as the warrants were not converted within the stipulated period.