
Anondita Medicare Limited Allots 285,000 Convertible Warrants in Preferential Issue
Anondita Medicare Limited announced the preferential allotment of 285,000 Convertible Warrants on July 8, 2026. The warrants were allotted to a Promoter category allottee and represent an offering valued up to Rs. 29,58,30,000.The allotment details indicate that the securities were issued at a price of 1038/- per warrant (the Convertible Warrant Issue Price). The transaction was completed in alignment with decisions made by the company's Board of Directors and Extra Ordinary General Meeting.
Mr. Anupam Ghosh, classified under the Promoter category, is the sole allottee mentioned for the warrants. He subscribed to a portion of the issuance, contributing INR 7,39,57,500 towards the warrant subscription price. The company confirmed receipt of this amount, representing 25% of the warrant issue price.
The allotment carries specific terms regarding conversion and tenure. The Convertible Warrants entitle the allottees to seek conversion into one or more tranches within a maximum period of 18 months from the date of allotment. To convert, the warrants must be exercised upon payment of the Warrant Exercise Price, which stands at 778.50/- (equivalent to 75% of the issue price).
As noted in the details provided, the issuance included up to 2,85,000 convertible warrants.
Key details regarding the allotment are presented below:
| Metric | Details |
|---|---|
| Total Warrants Allotted | 2,85,000 |
| Aggregate Value (Up To) | Rs. 29,58,30,000 |
| Issue Price per Warrant | Rs. 1038/- |
| Subscription Payment Received (Promoter) | INR 7,39,57,500 |
| Tenure of Warrants | Up to 18 months from allotment date |
| Allottee Category | Promoter |
The company stated that there is no change in the paid-up share capital at this stage due to the warrant allotment. The warrants carry a right to subscribe to one equity share of the company, which has a face value of Rs. 10/- and included a premium of Rs. 1,028/- per warrant.
ANONDITA Stock Price Movement
Shares of Anondita Medicare Limited are edging higher to ₹1188 as of 1:43 PM today, reflecting a solid gain of 0.72%. The stock saw active trading in the live market, with a total volume registered at 10,000 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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