Bilcare Limited Converts Warrants, Increases Shareholding in Caprihans India Ltd.
Pune – Bilcare Limited, the promoter of Caprihans India Limited (CIL), has exercised its right to convert warrants, resulting in the allotment of 3,30,000 equity shares on March 24, 2026. This conversion is part of a series, with previous tranches occurring on March 20 and 23, 2026.The details of the warrant conversions are outlined below:
| Sr. No. | No. of Warrants held | Conversion of Warrants into Equity Shares | Date of Conversion and allotment of Equity Shares | Balance of Convertible Warrants |
|---|---|---|---|---|
| 1 | 26,80,000 | 3,30,000 | Tuesday, 24/03/2026 | 23,50,000 |
As a result of these conversions, Bilcare Limited’s shareholding in Caprihans India Limited has increased. The following table summarizes the changes in shareholding:
| Sr. No. | Conversion Trance No. | Date of Allotment | Number of Equity Shares allotted | Equity Shares held prior to allotment | % to total Equity Share Capital | Equity Shares held after allotment | % to total Equity Share Capital |
|---|---|---|---|---|---|---|---|
| 1 | First Tranche | 20/03/2026 | 3,00,000 | 81,88,325 | 55.99 | 84,88,325 | 56.88 |
| 2 | Second Tranche | 23/03/2026 | 3,30,000 | 84,88,325 | 56.88 | 88, 18,325 | 57.81 |
| 3 | Third Tranche | 24/03/2026 | 3,30,000 | 88,18,325 | 57.81 | 91,48,325 | 58.70 |
Following the third tranche conversion, Bilcare Limited holds 91,48,325 equity shares, representing 58.70% of the total equity share capital, compared to 64.11% of the total diluted share capital. The company now has 23,50,000 warrants remaining.
The preferential allotment of equity shares occurred on March 24, 2026. The total equity share capital of Caprihans India Limited now stands at Rs. 15,58,39,710/-.
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