Rainbow Investments Limited, a promoter of PCBL Chemical, has acquired additional equity shares. The acquisition is related to the exercise of rights attached to warrants, converting into 1 equity share of PCBL Chemical for each warrant held. The price was ₹280 per share. This transaction increases Rainbow Investments’ stake in PCBL Chemical, demonstrating continued confidence from a key stakeholder. The total number of shares acquired amounts to 1,36,00,000.
Equity Share Acquisition
Rainbow Investments Limited, a promoter entity of PCBL Chemical, has increased its holdings in the company. The acquisition was executed through the conversion of warrants into equity shares.
Details of the Transaction
The acquisition involved converting warrants into 1,36,00,000 equity shares of PCBL Chemical. Each warrant was converted into one fully paid-up equity share. The price per share was ₹280.
Impact on Shareholding
Following this acquisition, Rainbow Investments Limited’s shareholding in PCBL Chemical has increased to 18,66,30,740 equity shares, representing 47.4329% of the total shareholding. Previously, their holdings were 17,30,30,740 shares equivalent to 45.84%.
Date of Allotment
The date of allotment for these shares was November 3, 2025.
Source: BSE
