Golkunda Diamonds Allots 1.24 Million Warrants in Preferential Issue; Details and Investor List Released
Golkunda Diamonds & Jewellery Ltd has completed the allotment of warrants through a preferential issue process, as approved by its Board of Directors on June 27, 2026. The company granted 1,240,000 warrants to non-promoter entities at a fixed price.The preferential issuance involves the sale of convertible warrants, each priced at Rs 214/-. These warrants are designed to be converted into equity shares having a face value of Rs 10/- per share. The conversion window for these securities is set for 18 months from the date of allotment, subject to applicable terms and conditions.
The company confirmed that the offer was fully subscribed, resulting in the successful allotment of all warrants to the designated investors. An amount equivalent to 25% of the warrant price was received from the participating investors prior to the final allotment.
Details regarding the issuance and subscription status are presented below:
| Metric | Detail |
|---|---|
| Type of Securities Issued | Convertible Warrants |
| Nature of Issuance | Preferential Issue/Private Placement |
| Total Number of Securities | 1,240,000 warrants |
| Warrant Price | Rs 214/- per warrant |
| Conversion Ratio | 1 warrant : 1 equity share (face value Rs 10/-) |
Allotment Details and Investors
The total allotment of 1,240,000 warrants was distributed across 23 investors. The distribution is detailed below:Key Warrants Allottees:
| Investor Name | No. of Warrants Allotted |
|---|---|
| Vimal Kishore Parwal HUF | 285,000 |
| Fortune Bright Trading LLP | 200,000 |
| Shanti Gold International Limited | 200,000 |
| Pankti Ankit Khokhani | 60,000 |
A complete list of all investors and the corresponding number of warrants allotted is provided in the table below:
| Sr No. | Name of Allottee | No. of Warrants | Sr No. | Name of Allottee | No. of Warrants |
|---|---|---|---|---|---|
| 1 | Vimal Kishore Parwal HUF | 285,000 | 10 | Indra Devi Jain | 30,000 |
| 2 | Fortune Bright Trading LLP | 200,000 | 11 | Vikas Arora | 25,000 |
| 3 | Shanti Gold International Limited | 200,000 | 12 | Pratham Ramesh Jain | 25,000 |
| 4 | Pankti Ankit Khokhani | 60,000 | 13 | Aayushi Ramesh Bachhawat | 25,000 |
| 5 | Invicta Finserv Pvt Ltd | 50,000 | 14 | Barkha Tibrewal | 25,000 |
| 6 | Skael Enterprise Private Limited | 50,000 | 15 | Shrenik Sanjay Kaswa | 25,000 |
| 7 | Sanyami Kunal Doshi | 40,000 | 16 | Indeed Advisory Pvt Ltd | 25,000 |
| 8 | D C Capital | 40,000 | 17 | Isha Bansal | 20,000 |
| 9 | Ratan Corporation Private Limited | 40,000 | 18 | Shyamsunder Basudeo Agarwal | 20,000 |
| - | - | - | 19 | Pushpa Dafria | 15,000 |
| - | - | - | 20 | Seema Anilkumar Modani | 15,000 |
| - | - | - | 21 | Mahesh Kumar Dhadha | 10,000 |
| - | - | - | 22 | Vrushabh Hastimal Gandhi | 10,000 |
| - | - | - | 23 | Bhavesh N Kamani | 5,000 |
The total number of warrants issued stands at 1,240,000.
Stock Price Movement
Golkunda Diamonds & Jewellery Ltd shares settled at ₹268.70 on Thursday, registering a 1.58% drop for the day. The stock traded during the session between an intraday low of ₹266.50 and a high of ₹270.95.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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