Dhansa Labs Allots 3,60,870 Shares to Warrant Holder Following Conversion
Dhansa Labs Limited, formerly known as Ambey Laboratories Limited, announced the allotment of 3,60,870 fully paid-up Equity Shares to a warrant holder. The allotment was approved by the Company's Allotment Committee during a meeting held on May 12, 2026, following the exercise of Convertible Warrants.The company confirmed that the warrant holder paid the balance 75% of the issue price for the warrants, leading the Allotment Committee to consider and approve the issuance of 3,60,870 shares.
In the transaction, the fully paid-up Equity Shares have a face value of Rs. 10/- each and were issued at an issue price of Rs. 46/- each. This issue price includes a premium of Rs. 36/- per Equity Share.
Allotment Details
The allotted shares and associated financial figures relate to a single allottee:| Name of Allottee | Category | Number of Warrants Converted | Shares Allotted | Issue Price per Share (INR) | Balance 75% Received (INR) | Total Proceeds (INR) |
|---|---|---|---|---|---|---|
| Meena Nayan Patel | Non-Promoter, Public Category | 3,60,870 | 3,60,870 | 46 | 1,24,50,015 | 1,66,00,020 |
Impact on Paid-Up Capital
The successful allotment resulted in an increase in the Paid-Up Equity Share Capital of Dhansa Labs Limited.| Particulars | Number of Equity Shares | Amount in Indian Rupees |
|---|---|---|
| Existing Paid-up Equity Share Capital | 2,61,79,427 | 26,17,94,270 |
| Add: Shares Allotted via Warrant Conversion | 3,60,870 | 36,08,700 |
| Post-Allotment Paid-up Equity Share Capital | 2,65,40,297 | 26,54,02,970 |
Outstanding Warrants
The company noted that out of the total 1,08,69,565 Warrants initially allotted, 92,76,087 Warrants remain outstanding for conversion. Warrant Holders are entitled to convert these remaining warrants into an equal number of Equity Shares by paying the outstanding 75% amount. This conversion must be completed within 18 months from the respective warrant allotment dates of August 14, 2025, and August 19, 2025.The newly issued and allotted Equity Shares will rank pari-passu with all existing Equity Shares of the Company.
AMBEY Stock Price Movement
As of 10:48 AM, shares of Ambey Laboratories Limited are trading near the ₹30.15 mark in live market action. The stock's recent activity has seen the price fluctuate within the ₹28.65 to ₹31.65 range throughout the day.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.