DB Realty has allotted 32,02,330 equity shares following the conversion of Compulsory Convertible Preference Shares (CCPS). The shares, valued at ₹10 each, were issued to Konark Realtech Private Limited. The conversion price was ₹201.65 per share. This allotment increased the company’s paid-up capital from ₹539,20,44,310 to ₹542,40,67,610.
Equity Share Allotment Details
DB Realty announced the allotment of 32,02,330 equity shares, each with a face value of ₹10. These shares were issued upon the conversion of 0.0001% Compulsory Convertible Preference Shares (CCPS).
Conversion and Allotment Terms
The conversion price was set at ₹201.65 per equity share, inclusive of a premium of ₹191.65 per equity share. The allotment adheres to the terms and conditions of the CCPS and was approved by the Board of Directors on November 14, 2025, and the shareholders on December 12, 2025.
Impact on Paid-Up Capital
Following this allotment, the company’s existing paid-up capital has increased. The paid-up capital has risen from ₹539,20,44,310 to ₹542,40,67,610.
Source: BSE