DJ Mediaprint & Logistics Converts Warrants into Equity Shares, Boosting Paid-up Capital to ₹34.67 Crores
DJ Mediaprint & Logistics Limited (formerly DJ Logistic Solutions Private Limited) announced a significant change in its capital structure following the conversion of warrants into equity shares on June 10, 2026. The Board of Directors approved the conversion of 2,92,001 warrants, resulting in the allotment of an equal number of equity shares.The conversion was completed upon receipt of funds from the allottees. These shares are issued with a face value of ₹10/- each and a premium of ₹104/-, making the total issue price ₹114/- per share. The company received a consideration amount aggregating to ₹2,49,66,000 for this conversion, which represents 75% of the issue price per warrant from the allottees.
The conversion involved six public investors, each allotted a portion of equity shares as detailed below:
| Allottee Name | Category | Equity Shares Allotted | Consideration Received (₹) |
|---|---|---|---|
| Brijendra Kumar | Public | 105,000 | 89,77,500 |
| Alka Jaysing Tambe | Public | 105,000 | 89,77,500 |
| Vincent Alex D'mello | Public | 33,334 | 28,50,000 |
| Pravinkumar Gopaldas Rathi | Public | 19,500 | 16,67,250 |
| Prakash Vijay Zaveri | Public | 16,667 | 14,25,000 |
| Disha Sandeep Raka | Public | 12,500 | 10,68,750 |
| Total | 2,92,001 | 2,49,66,000 |
Capital Structure and Conversion Status
The transaction concluded the allotment of equity shares to six public investors. The conversion process is part of a larger initiative initiated by the company, which previously allotted convertible warrants on January 2, 2025.Following the successful allotment, DJ Mediaprint & Logistics Limited reported the following status regarding its share capital:
- Total Equity Shares Allotted: 3,46,69,852 shares (Three Crores, Forty-Six Lakhs, Sixty Nine Thousand, Eight Hundred and Fifty Two only).
- Issued and Paid-up Capital Value: ₹34,66,98,520 (Rupees Thirty-Four Crores, Sixty Six Lakhs, Ninety Eight Thousand, Five Hundred and Twenty Rupees).
The company confirmed that there are still warrants pending conversion. Specifically, 36,10,359 warrants belonging to Dinesh Muddu Kotian (Promoter) and 24,36,668 warrants belonging to non-promoters (public) remain available for future conversion.
This allotment resulted in the post-allotment paid up capital standing at ₹34,66,98,520, consisting of 3,46,69,852 fully paidup equity shares of ₹10/- each. The new equity shares are stated to rank pari-passu with existing equity shares of the company.
DJML Stock Price Movement
Shares of DJ Mediaprint & Logistics Limited finished strong today, closing at ₹109.32 after rallying 2.47%. The stock saw significant activity during the session, with a total traded volume of 355,503 shares.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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