Godavari Drugs Ltd Promoter Acquires Convertible Warrants
Godavari Drugs Limited announced that Ghanshyam Jaju, a promoter of the company, acquired 1,80,000 convertible warrants through a preferential allotment on March 18, 2026.The acquisition was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Details of the Acquisition
The following table summarizes the details of the acquisition:
| Detail | Pre-Acquisition Holding | Post-Acquisition Holding |
|---|---|---|
| Shares Carrying Voting Rights | 3,50,000 | 2,80,000 |
| Warrants/Convertible Securities Carrying Voting Rights | 0 | 1,80,000 |
| Total (Shares + Warrants) | 3,50,000 | 4,60,000 |
| Total Diluted Share/Voting Capital | Rs. 12,48,75,000/- | Rs. 12,48,75,000/- |
The acquisition was made through a preferential allotment.
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