Sanjivani Paranteral Announces Preferential Allotment of Warrants to Promoter Ashwani Khemka
Sanjivani Paranteral Ltd., during a meeting of its Board of Directors held on July 23, 2026, approved the issue and allotment of up to 5,00,000 Fully Convertible Warrants. The transaction is directed toward an entity belonging to the Promoter category.The preferential allotment was conducted for a total aggregate amount of up to INR 7,36,95,000 (Indian Rupees Seven Crore Thirty-Six Lakhs NinetyFive Thousand Only). Each warrant was issued at a price of INR 147.39 (Indian Rupees One Hundred and Forty Seven Point Three Nine Only). The proposed allottee for the warrants is Mr. Ashwani Khemka.
The Board members also considered and approved material related party transactions to be entered into between Sanjivani Paranteral Ltd. and SPL Infusion Private Limited, a subsidiary of the Company, subject to shareholder approval.
Transaction Details Summary
A summary of the preferential allotment details is presented below:| Particulars | Details |
|---|---|
| Type of Securities Proposed | Fully Convertible Warrants ('Warrants') |
| Total Warrants Issued (Up To) | 5,00,000 |
| Aggregate Amount | Up to INR 7,36,95,000 |
| Issue Price per Warrant | INR 147.39 |
| Allottee Name | Mr. Ashwani Khemka |
| Allottee Category | Promoter |
Warrants and Shareholding Impact
The warrants are structured to be convertible into an equivalent number of fully paid-up equity shares of face value INR 10 each. This conversion can occur within a maximum period of 18 months from the date of allotment, at the option of the warrant holder(s), in one or more tranches and for cash.The financial impact on the company's shareholding is detailed as follows:
| Metric | Pre Issue Shareholding | Post Issue Shareholding |
|---|---|---|
| Shares (Number) | 36,70,117 | 41,70,117 |
| Shareholding (%) | 29.88% | 32.62% |
The transaction involved the consideration of cash. The Board noted that the Relevant Date for determining the minimum issue price of the Warrants was set as July 23, 2026.
Stock Price Movement
Sanjivani Paranteral Ltd. settled on Thursday at a solid ₹150.05, edging higher by 2.21% in post-market trading. The shares moved within an intraday range, touching a low of ₹142.90 and peaking at ₹152.50 before closing out the day.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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