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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Gemstone Investments Ltd

Gemstone Investments Converts 3.28 Cr Warrants to Equity, Raises Rs. 6.16 Cr

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 29 Jun 2026, 04:49 PM IST  ·  BSE ID: a3a90955-d82d-4a16-aff6-a44b310eb48a
View Original BSE Filing (PDF)
💡
In Simple Terms
The company turned some promised shares (warrants) into actual stock for investors, raising over Rs. 6 crore.
🤖 AI Summary
  • Gemstone Investments converted 32,880,000 warrants into equity shares.
  • This preferential allotment raised Rs. 6,16,50,000 in total.
  • The conversion price was ₹2.50 per share, with ₹1.50 premium.
  • Four non-promoter investors received the newly allotted equity shares.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Convertible Warrants converted
3,28,80,000
Number of Equity Shares allotted
3,28,80,000
Face value per Equity Share
₹ 1/-
Conversion price per Equity Share
₹ 2.50/-
Premium per Equity Share
₹ 1.50/-
Total funds raised
₹ 6,16,50,000/-
🏢 How This Affects the Company
💰
Financial Impact
The conversion increases the company's equity base by Rs. 3,28,80,000 (face value) and a share premium of Rs. 2,87,70,000, enhancing shareholders' equity by Rs. 6,16,50,000.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders.
👤
Who Is Affected
Shareholders will experience dilution from the issuance of 32,880,000 new equity shares.
🔍
Management Signal
Management is actively utilizing fundraising instruments to bring in capital from identified investors.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Confirmation of updated shareholding patterns post-allotment.
Subsequent board meetings to approve financial results or other corporate actions.
Company announcements regarding utilization of the raised funds.
LOW RISK Routine conversion of warrants into equity, a standard capital-raising mechanism.
💡 Investor Takeaway
Gemstone Investments completed conversion of 32,880,000 warrants into equity shares at ₹2.50 per share, raising Rs. 6,16,50,000 from non-promoter investors.
⚖️ Strengths & Concerns

✅ Positives

  • Successful conversion of 32,880,000 warrants into equity shares at ₹2.50 each.
  • Raised Rs. 6,16,50,000 through preferential allotment to non-promoter investors.
📅 Company Track Record
Gemstone Investments has recently completed several warrant conversions in June 2026, raising approximately ₹5.62 Crore and ₹5.59 Crore in prior instances.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
How many warrants did Gemstone Investments convert into equity shares?
Gemstone Investments converted 3,28,80,000 convertible warrants into 3,28,80,000 equity shares.
What was the total amount raised by Gemstone Investments from this warrant conversion?
The company raised a total of ₹6,16,50,000/- from the conversion of these warrants.
What is the conversion price per share for Gemstone Investments' warrants?
Each warrant was converted into one equity share at a price of ₹2.50 per equity share, including a premium of ₹1.50.
Who were the investors in this preferential allotment by Gemstone Investments?
The equity shares were allotted to non-promoters: Chintan Hemantbhai Patel, Sejal Chintan Patel, Shyamalkumar Hemantbhai Patel, and Falguni Ajay Shah.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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