SG Finserve Limited Allots Equity Shares Following Warrants Conversion
SG Finserve Limited announced on March 27, 2026, the allotment of 54,47,222 equity shares following the conversion of an equivalent number of warrants. This action is linked to the allotment of 1,00,00,000 fully convertible warrants approved on October 25, 2024.The Allotment Committee of the Board of Directors finalized the allotment at a meeting held on March 27, 2026, with each warrant holder paying ₹337.5, representing the remaining 75% of the initial issue price of ₹450 per warrant. The total amount received from this conversion is ₹1,83,84,37,425.
The following table details the allocation of shares to warrant holders:
| S. No. | Names of Allottee(s) | Category | Number of Warrants Converted | Number of Equity Shares Allotted |
|---|---|---|---|---|
| 1 | Shri Rohan Gupta | Promoter | 28,25,000 | 28,25,000 |
| 2 | RBA Finance and Investment Company | Non-Promoter | 11,11,111 | 11,11,111 |
| 3 | AGDG Enterprises LLP | Non-Promoter | 2,00,000 | 2,00,000 |
| 4 | Anubhav Gupta Enterprises LLP | Non-Promoter | 2,00,000 | 2,00,000 |
| 5 | Shri Ashish Kacholia | Non-Promoter | 11,11,111 | 11,11,111 |
| Total | 54,47,222 | 54,47,222 |
As a result of this allotment, SG Finserve Limited’s issued and paid-up capital has increased to ₹65,26,72,220, comprising 6,52,67,222 equity shares with a face value of ₹10 each. The newly allotted shares will rank equally with existing shares.
The Allotment Committee meeting commenced at 12:30 p.m. and concluded at 01:00 p.m.
Kush Mishra, Company Secretary & Compliance Officer, confirmed the allotment on behalf of SG Finserve Limited.
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