Anupam Finserv Limited has announced the approval of its Board of Directors to issue 4,000,000 equity share warrants on a preferential basis to its promoter. Each warrant is convertible into one equity share. The issuance is subject to shareholder consent and other necessary approvals. The company also reported its unaudited financial results for the quarter ended June 30, 2026.
Board Approves Preferential Issuance of Warrants
Anupam Finserv Limited’s Board of Directors, in a meeting held on August 12, 2026, has approved the issuance of up to 4,000,000 equity share warrants to its promoter on a preferential basis. Each warrant will be convertible into one equity share of the company. This move is in accordance with the SEBI (Issue of Capital Disclosure Requirements) Regulations, 2009, and other applicable guidelines.
The preferential issuance is subject to the approval of the company’s shareholders and obtaining all other requisite regulatory and statutory approvals. The warrants are proposed to be issued at an exercise price of ₹1.92 per equity share, aggregating to a total of ₹76.80 Lacs. The allotted equity shares upon conversion will rank pari passu with the existing equity shares of the company.
Key Terms of Warrant Issuance
- Type of Securities: Warrants convertible into Equity Shares.
- Conversion Ratio: 1 Warrant for 1 Equity Share.
- Issue Price: ₹1.92 per Equity Share (Warrant Exercise Price).
- Total Value: Aggregating to ₹76.80 Lacs.
- Allottee: Promoter category.
- Exercise Period: Warrants are exercisable within 18 months from the date of allotment.
- Payment Structure: 25% of the Warrant Exercise Price is payable at the time of subscription, with the balance 75% payable upon exercise of the warrants for equity shares.
- Forfeiture Clause: If warrants are not exercised within 18 months, they will lapse, and the 25% advance payment will be forfeited.
Financial Results for Q1 FY27
The Board also approved and adopted the company’s standalone unaudited financial results for the quarter ended June 30, 2026. These results, along with the Limited Review Report, were submitted as part of the board meeting’s outcome. The unaudited profit for the quarter after tax stood at ₹5,614.64 Lakhs.
Shareholding Impact
The post-issue shareholding pattern indicates that if the promoter subscribes to all warrants and converts them, their shareholding will increase. Based on the shareholding as of August 07, 2026, the promoter’s stake is projected to rise to 23.366% from the pre-allotment 21.751%.
Source: BSE
