Emkay Global Financial Services Ltd
Emkay Global Allots 1,00,000 Equity Shares Upon Warrant Conversion
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 29 Jul 2026, 12:21 PM IST · BSE ID: 969cec4d-b224-4c4a-884a-9ed19ead8d9e
View Original BSE Filing (PDF)
💡
In Simple Terms
The company converted warrants into 1,00,000 new shares for a promoter, increasing its total capital.
🤖 AI Summary
- Emkay Global allotted 1,00,000 equity shares to promoter Prakash Kacholia via warrant conversion.
- This issuance increased the company's issued, subscribed, and paid-up capital by Rs. 10,00,000.
- Total issued capital now stands at Rs. 27,62,55,800, representing 2,76,25,580 equity shares.
- The new shares are fully paid-up and rank pari-passu with existing equity.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares Allotted
1,00,000
Face Value per Equity Share
Rs. 10
Balance Subscription Amount per Warrant
Rs. 179.625
Original Issued Capital
Rs. 27,52,55,800
New Issued Capital
Rs. 27,62,55,800
Original Number of Equity Shares
2,75,25,580
New Number of Equity Shares
2,76,25,580
🏢 How This Affects the Company
The issued, subscribed, and paid-up capital of Emkay Global has increased from Rs. 27,52,55,800 to Rs. 27,62,55,800.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders concerning this allotment.
👤
Who Is Affected
All existing shareholders are affected by the increase in the total number of equity shares from 2,75,25,580 to 2,76,25,580.
🔍
Management Signal
Management is executing the terms of a prior preferential allotment by converting warrants into equity shares.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Track further warrant conversions in Emkay Global's filings.
Monitor subsequent financial results for impact of increased capital.
Review filings for any further updates on promoter shareholding changes.
LOW RISK
Routine execution of prior warrant conversion; no new material risks introduced.
💡 Investor Takeaway
Emkay Global Financial Services completed the conversion of 1,00,000 warrants into equity shares for promoter Prakash Kacholia, increasing its paid-up capital to Rs. 27,62,55,800.
⚖️ Strengths & Concerns
✅ Positives
- Conversion of warrants to equity by promoter Prakash Kacholia adds Rs. 1,00,00,000 to the company's paid-up capital.
- Allotted shares rank pari-passu with existing equity, ensuring no differential treatment for new shareholders.
📅 Company Track Record
Emkay Global previously announced the allotment of 95,00,000 convertible warrants on October 24, 2025, to Antique Securities Private Limited, Mr. Krishna Kumar Karwa, and Mr. Prakash Kacholia.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total number of equity shares Emkay Global allotted?
Emkay Global allotted 1,00,000 equity shares to Mr. Prakash Kacholia upon conversion of warrants.
What is the new issued capital of Emkay Global?
The issued capital of Emkay Global has increased to Rs. 27,62,55,800 from Rs. 27,52,55,800.
Who received the newly allotted equity shares?
The 1,00,000 equity shares were allotted to Mr. Prakash Kacholia, a promoter of the company.
What was the basis for the allotment of these shares?
The allotment was made pursuant to the conversion of 1,00,000 warrants into equity shares upon payment of the balance subscription amount.
Questions based on this BSE filing only. For information purposes.