Digikore Studios Receives NSE In-Principle Approval for Promoter Debt-to-Equity Conversion Worth Up To ₹11 Crore

Digikore Studios Receives NSE In-Principle Approval for Promoter Debt-to-Equity Conversion Worth Up To ₹11 Crore​

Digikore Studios Limited, a provider of visual effects and digital content solutions serving global entertainment markets, has secured in-principle approval from the National Stock Exchange (NSE). This approval pertains to the preferential allotment of equity shares to its Promoters through the conversion of outstanding promoter funding up to ₹11 Crore into equity.

The capital strengthening initiative allows the company to issue up to 14,15,701 equity shares at a price of ₹77.70 per share. This issuance is tied to the conversion of unsecured loans provided by the Promoter to support the Company’s ongoing business operations and growth initiatives.

This debt-to-equity transaction is set to materially strengthen Digikore's balance sheet by reducing liabilities, enhancing net worth, and improving financial flexibility. Since the related funds are already deployed in the business, the transaction does not constitute a fresh fund raise but represents an expansion of the Promoter’s long-term stake in the company’s future growth.

The conversion is expected to increase the Promoter and Promoter Group shareholding from 58.46% to 62.64%, reinforcing alignment between promoter interests and the company’s sustained success, while the management structure and control remain unchanged.

Key details of the equity issuance are summarized below:


Abhishek Rameshkumar More, Managing Director of Digikore Studios Limited, commented on the development, stating that the NSE’s in-principle approval reflects continued confidence in the company's long-term potential. He emphasized that strengthening the balance sheet and enhancing financial flexibility will better position the company to capitalize on emerging international market opportunities while creating long-term value for shareholders.

Digikore Studios Limited continues its work as a leading technology-driven Visual Effects studio serving global clients across films, streaming, and television. The increased capital structure is designed to support the company's operational scalability and strategic growth ambitions in international markets amidst growing demand for high-quality digital content services.

DIGIKORE Stock Price Movement​

On Friday, Digikore Studios Limited edged higher to close at ₹51.25, registering a gain of 0.69% on the stock after trading over ₹0.35 in absolute terms. The equity saw a range between a day low of ₹50 and a high of ₹52.9, with 44,800 shares recorded in volume.