<h1>DJ Mediaprint Reports Lapsing Warrants Following Conversion Deadline</h1>
DJ Mediaprint & Logistics Limited, formerly known as DJ Logistic Solutions Private Limited, has reported that a significant portion of its allotted warrants failed to convert into equity shares within the stipulated period.
The company stated that 82,33,359 warrants were initially allotted on January 2, 2025. Of this total, 47,87,630 warrants did not convert into equity shares within the prescribed timeframe of 18 months from the date of allotment.
As a result of non-conversion, these warrants have lapsed. The amount paid for the lapsed warrants stands forfeited in accordance with the terms of issue and applicable regulations.
DJML Stock Price Movement
Shares of DJ Mediaprint & Logistics Limited today slipped by 3.00% to settle at ₹113.33. The stock saw a traded volume of 506,508 shares during its session 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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