<h1>DJ Mediaprint & Logistics Limited Converts Warrants to Equity Shares, Reaching ₹35.92 Crore Paid-up Capital</h1>
DJ Mediaprint & Logistics Limited has reported a significant increase in its equity base following the conversion of warrants into fully paid-up shares. The company approved this transaction, converting 9,97,894 convertible warrants into an equal number of equity shares on July 02, 2026.
The conversion was carried out based on a Special resolution passed earlier in October 2024. The allotment involved issuing 9,97,894 equity shares, each having a face value of ₹10 and carrying a premium of ₹104. A total of ₹8,53,20,000 was received from the allottees, representing 75% of the issue price per warrant.
The new equity shares allotted through this conversion will rank pari-passu with existing company equity shares. The transaction involved five investors who were allottees, comprising both promoter and public category participants.
Equity Capital Update and Pending Warrants
Consequent to the conversion and allotment of these shares, the Issued, Subscribed and Paid-up Equity Share Capital of DJ Mediaprint & Logistics Limited increased substantially. The total paid-up capital now stands at ₹35,92,92,490, representing 3,59,29,249 fully paid-up equity shares of ₹10 each.The allotment involved various allottees for the purchase of these shares. Key details regarding the conversion and allotment are summarized below:
| Category | Number of Shares Allotted | Total Consideration Received (in ₹) |
|---|---|---|
| Promoter | 9,29,824 | 7,95,00,000 |
| Public | 67,070 | 5,32,20,000 |
| Total | 9,97,894 | 8,53,20,000 |
While this conversion concluded the exercise of warrants for a portion of investors, the company still has pending opportunities. A total of 26,80,535 warrants belonging to Dinesh Muddu Kotian (Promoter) and 21,07,095 warrants belonging to non-promoters remain available for conversion.
Financial Details of Allotment
The allotment transaction included several investors. The consideration received for the conversion is detailed as follows:| Investor Name | Category | Shares Allocated | Consideration Paid (in ₹) |
|---|---|---|---|
| MANUMOHANLAL SHARMA | Public | 4,679 | 4,00,000 |
| DINESH MUDDUKOTIAN | Promoter | 9,29,824 | 7,95,00,000 |
| TIMSY SHARMA | Public | 23,391 | 20,00,000 |
| MAITHALI JHA | Public | 20,000 | 17,10,000 |
| NIRANJAN SHRIKANT KUMAR | Public | 20,000 | 17,10,000 |
DJML Stock Price Movement
Today, DJ Mediaprint & Logistics Limited shares edged higher in the close, settling at ₹118.82 after gaining 3.52%. The equity saw robust trading throughout the day, with a total volume of 437,464 shares exchanged.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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