Caprihans India Limited filed a disclosure with BSE Limited regarding share acquisition by its promoter, Bilcare Limited, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.
The disclosure contains three separate intimation letters from Bilcare Limited dated June 1, 2026, each accompanied by a Form C, detailing the conversion of convertible warrants into equity shares of Caprihans India Limited.
First Tranche Conversion (May 28, 2026)
- Number of warrants converted: 5,20,000
- Equity shares allotted: 5,20,000 equity shares of ₹10 each at a premium of ₹190 each
- Total issue price per share: ₹200
- Total value of transaction: ₹10,40,00,000 (₹10.4 crore)
- Date of allotment: May 28, 2026
- Date of intimation: June 1, 2026
- Warrants held prior: 20,20,000
- Warrants balance after conversion: 15,00,000
- Shareholding change: Increased from 94,78,325 shares (59.56%) to 99,98,325 shares (60.84%)
Second Tranche Conversion (May 29, 2026)
- Number of warrants converted: 5,20,000
- Equity shares allotted: 5,20,000 equity shares of ₹10 each at a premium of ₹190 each
- Total issue price per share: ₹200
- Total value of transaction: ₹10,40,00,000 (₹10.4 crore)
- Date of allotment: May 29, 2026
- Date of intimation: June 1, 2026
- Warrants held prior: 15,00,000
- Warrants balance after conversion: 9,80,000
- Shareholding change: Increased from 99,98,325 shares (60.84%) to 1,05,18,325 shares (62.04%)
Third Tranche Conversion (May 30, 2026)
- Number of warrants converted: 4,00,000
- Equity shares allotted: 4,00,000 equity shares of ₹10 each at a premium of ₹190 each
- Total issue price per share: ₹200
- Total value of transaction: ₹8,00,00,000 (₹8 crore)
- Date of allotment: May 30, 2026
- Date of intimation: June 1, 2026
- Warrants held prior: 9,80,000
- Warrants balance after conversion: 5,80,000
- Shareholding change: Increased from 1,05,18,325 shares (62.04%) to 1,09,18,325 shares (62.92%)
Payment Structure
For all conversions, 25% of the issue price (₹50 per warrant) was paid at the time of warrant allotment, and 75% (₹150 per warrant) was paid at the time of conversion into equity shares.