Diensten Tech Limited Approves Preferential Allotment of 3,98,800 Fully Convertible Warrants
Diensten Tech Limited announced the approval of a preferential allotment of Fully Convertible Warrants (FCWs) through its Preferential Issue Committee. The allotment was sanctioned at an issue price of Rs. 115 per warrant for a cash consideration totaling Rs. 4,58,62,000.The company allotted a total of 3,98,800 FCWs to individuals and entities belonging to the Promoter & Promoter Group and Public categories.
Details regarding the allottees are provided below:
| Sr.No. | Name of the Allottee | Category | No. of Warrants Allotted |
|---|---|---|---|
| 1 | Abhishek Singhania | Promoter | 2,60,000 |
| 2 | Vipul Prakash | Promoter | 52,000 |
| 3 | Tina Prakash | Promoter Group | 52,000 |
| 4 | Sanjay Kumar Jain | Public | 12,000 |
| 5 | Manoj Kumar | Public | 4,800 |
| 6 | Anish Mahajan | Public | 2,400 |
| 7 | Sonia Vaid | Public | 2,400 |
| 8 | Siva Prasad Nanduri | Public | 2,400 |
| 9 | Bhagi Naren Kumar Sandilya | Public | 4,800 |
| 10 | Nirmit NDesai | Public | 1,200 |
| 11 | Puram Hemanth Kumar | Public | 2,400 |
| 12 | Bhanu Prakash Gulla | Public | 2,400 |
Following the allotment of the warrants, the Paid-up Equity Share Capital of Diensten Tech Limited on a fully diluted basis increased to Rs. 8,65,94,460. This capital is divided into 86,59,446 Equity Shares, each having a face value of Rs. 10.
DTL Stock Price Movement
Shares of Diensten Tech Limited today slipped by 7.41% to settle at ₹130, as trading concluded in the post-market session. The company's stock saw a volume of 6,000 shares traded during the final hours of 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.
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