Divyadhan Approves Allotment of 36 Lakh Preferential Warrants to Identified Allottees
Divyadhan Recycling Industries Limited announced that its Board of Directors has approved the preferential allotment of 3,680,000 warrants convertible into equity shares. The allotment was made to various identified allottees upon receipt of subscription payments.The decision by the Board of Directors concerned the issuance of these preferential warrants, which can be converted into an equivalent number of equity shares in the company. The action was taken following a meeting held on July 6, 2026.
A total of 3,680,000 preferential warrants were allotted to eight identified allottees based on a preferential basis. These allotments were executed after the respective allottees received the prescribed application money.
The allotment details and corresponding payments are as follows:
| Sr. No. | Name of Allottee | Number of Warrants | Application Money Received |
|---|---|---|---|
| 1 | Ankita Pratik Gupta | 370,000 | 24,97,500 |
| 2 | Alka Navinkumar Jain | 370,000 | 24,97,500 |
| 3 | Vinod Kumar Gupta | 740,000 | 49,95,000 |
| 4 | OmAggarwal | 10,00,000 | 67,50,000 |
| 5 | Pankaj Kumar | 24,000 | 1,62,000 |
| 6 | Longview Research and Advisory Services Private Limited | 6,46,000 | 43,60,500 |
| 7 | Bhoopendra Gupta | 30,000 | 2,02,500 |
| 8 | Yashika Capital Finvest Private Limited | 5,00,000 | 33,75,000 |
The company confirmed that the allotment of the warrants was executed after receiving 25% of the total amount payable from the respective allottees.
DIVYADHAN Stock Price Movement
Shares of Divyadhan Recycling Industries Limited hold steady at ₹56.95 as of 10:14 AM, maintaining a zero percent change in live trading. The equity has traded within the intraday range of ₹55.85 to ₹58.05 so far today.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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