Allotment of 5% Compulsorily Convertible Debentures as per the attachment.
FUNDRAISE
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 07 Jul 2026, 08:06 PM IST · BSE ID: 9da7369f-9256-42fe-8f56-b2602de59c1d
View Original BSE Filing (PDF)
💡
In Simple Terms
Desi Farms India Ltd issued new convertible debt in exchange for acquiring two other companies, SNA and DFSU.
🤖 AI Summary
- Desi Farms India Ltd allots 36,56,494 Compulsorily Convertible Debentures aggregating Rs. 49,36,26,690.
- The issuance is on a preferential basis for consideration other than cash.
- The CCDs are allotted in lieu of acquiring SNA Milk and Milk Products Limited and DFSU Farmer Connect.
- The allotment includes both promoter and non-promoter shareholders of the acquired entities.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of 5% Compulsorily Convertible Debentures allotted
36,56,494
Issue Price per CCD
Rs.135/-
Aggregate amount of allotment
Rs. 49,36,26,690/-
Face Value per Debenture
Rs. 10
🏢 How This Affects the Company
This action facilitates the acquisition of SNA Milk and Milk Products Limited and DFSU Farmer Connect Private Limited, potentially expanding the company's operational base and market reach through share swap.
The company has issued Rs. 49,36,26,690 worth of Compulsorily Convertible Debentures on a preferential basis for non-cash consideration, impacting its capital structure and future equity dilution upon conversion.
The issuance of convertible debentures carries an inherent risk of future equity dilution for existing shareholders upon conversion.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders. Monitor future announcements regarding conversion of these debentures.
👤
Who Is Affected
All existing shareholders may be affected by potential future equity dilution upon the conversion of these debentures.
🔍
Management Signal
Management is pursuing strategic acquisitions through share-swap mechanisms, indicating an intent to grow the business via consolidation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Future announcements on conversion of CCDs into equity shares.
Integration progress of SNA Milk and DFSU Farmer Connect businesses.
Disclosure of full financial impact post-acquisition in upcoming results.
MEDIUM RISK
Potential equity dilution from convertible debentures and integration risks of acquired entities.
💡 Investor Takeaway
Desi Farms India Ltd has allotted Rs. 49,36,26,690 in 5% Compulsorily Convertible Debentures on a preferential basis for acquiring SNA Milk and Milk Products Limited and DFSU Farmer Connect Private Limited.
⚖️ Strengths & Concerns
✅ Positives
- Acquisition of two entities SNA Milk and DFSU Farmer Connect via share swap using CCDs.
- Allotment of 36,56,494 CCDs at Rs. 135 per CCD, aggregating Rs. 49,36,26,690.
⚠️ Concerns
- Future equity dilution for existing shareholders upon conversion of Compulsorily Convertible Debentures.
- The total acquisition value is tied to the convertible debentures, pending conversion.
📅 Company Track Record
Previously, on July 4, 2026, Desi Farms India Ltd allotted 28,06,200 CCPS worth Rs. 37.88 Crore for acquisition. Earlier, on June 25, 2026, the company secured BSE in-principle nod for issuing over 3.2 crore equity shares via preferential basis.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What has Desi Farms India Ltd allotted?
Desi Farms India Ltd has allotted 36,56,494 Compulsorily Convertible Debentures (CCDs) at Rs. 135 each.
What is the total value of the CCD allotment by Desi Farms India Ltd?
The total aggregate value of the CCD allotment is Rs. 49,36,26,690.
Why did Desi Farms India Ltd allot these Compulsorily Convertible Debentures?
The CCDs were allotted on a preferential basis for consideration other than cash, in lieu of acquiring SNA Milk and Milk Products Limited and DFSU Farmer Connect Private Limited.
How many investors received the CCDs from Desi Farms India Ltd?
A total of 117 investors were allotted the Compulsorily Convertible Debentures.
Questions based on this BSE filing only. For information purposes.