DJ Mediaprint & Logistics Limited Completes Warrant Conversion, Capital Reaches ₹34.93 Crore
DJ Mediaprint & Logistics Limited, formerly known as DJ Logistic Solutions Private Limited, announced that its Board of Directors approved the conversion of warrants into equity shares on July 1, 2026. This strategic move followed shareholder approval given during an Extra Ordinary General Meeting held on October 6, 2024.The company’s Board formally considered and sanctioned the allotment of convertible warrants to promoters and non-promoters on January 2, 2025. On July 1, 2026, the conversion of 2,61,503 warrants was approved, resulting in the issuance of an equal number of equity shares. These new shares have a face value of ₹10 each and were issued at a total issue price that included a premium of ₹104/- per share.
The company received an amount aggregating to ₹2,23,58,504 from the allottees, which represents 75% of the issue price per warrant. The conversion was executed in accordance with the special resolution passed by members on October 6, 2024.
Allotment Details and Capital Update
The issuance of these equity shares increased the Issued, Subscribed, and Paid-up Equity Share Capital of the company to ₹34,93,13,550/- (Rupees Thirty Four Crore Ninety Three Lakh Thirteen Thousand Five Hundred Fifty Only). This capital consists of 34,93,13,55 shares of ₹10/- each.The allotment was made to seven public investors. The details regarding the conversion and allocation are summarized below:
| Category | Number of Allottees | Total Equity Shares Issued | Consideration Received (₹) |
|---|---|---|---|
| Public Investors | 7 | 2,61,503 | 2,23,58,504 |
The newly allotted equity shares rank pari-passu with the company's existing equity.
Status of Pending Warrants
The conversion transaction impacted a specific set of warrants, while other instruments remain pending for exercise. The allotment was confirmed consequent to the payment of ₹85.50 per warrant by all seven participating allottees.As of this date, the following warrants remain pending conversion:
- 36,10,359 warrants belonging to Dinesh Muddu Kotian (Promoter).
- 21,75,165 warrants belonging to non-promoters (public).
DJML Stock Price Movement
DJ Mediaprint & Logistics Limited shares settled lower after trading today, closing at ₹113.32 and shedding 3.09%. The stock traded within an intraday band of ₹110.51 to ₹117.89.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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