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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.
Modulex Construction Technologies Ltd

Modulex Construction Technologies Converts Warrants to 7,200 Equity Shares

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 30 Jun 2026, 04:02 PM IST  ·  BSE ID: b6c86e89-5ceb-4ec6-a3ec-c157a114d994
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued new shares by converting existing warrants, a type of option to buy shares later.
🤖 AI Summary
  • Company converted 7,200 warrants into 7,200 equity shares on June 30, 2026.
  • Each warrant converted at ₹18 per share, with a ₹10 face value.
  • This action constitutes a preferential allotment to non-promoter investor Labdhi Shah.
  • The total received amount for the conversion was Rs. 97,200/-.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Convertible Warrants Converted
7,200
Number of Equity Shares Allotted
7,200
Face Value per Equity Share
₹10/-
Conversion Price per Equity Share
₹18/-
Premium per Equity Share
₹8/-
Total Amount Received (75% of issue price per warrant)
Rs. 97,200/-
Total Face Value of Allotted Shares
Rs. 72,000/-
Name of Allottee
Labdhi Shah
Warrants Held by Labdhi Shah before conversion
2,77,500
Warrants Pending for Conversion for Labdhi Shah
2,70,300
🏢 How This Affects the Company
💰
Financial Impact
The conversion of warrants to equity shares at a premium increases the company's equity base by Rs. 129,600 (7,200 shares x ₹18/share), while Rs. 97,200 has been received as subscription money.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from existing shareholders regarding this warrant conversion.
👤
Who Is Affected
Existing shareholders will experience a minor dilution of ownership as new equity shares are issued to non-promoter allottees.
🔍
Management Signal
Management is executing on prior convertible warrant agreements, indicating adherence to capital raising commitments.

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

👁 Watch List — track these upcoming events
Future conversion of remaining 2,70,300 warrants by Labdhi Shah.
Company's financial results for the next reporting period.
Any further updates on preferential allotment details or terms.
LOW RISK This is a standard conversion of warrants into equity, as per prior agreements.
💡 Investor Takeaway
Modulex Construction Technologies converted 7,200 warrants into 7,200 equity shares at ₹18 per share, raising Rs. 97,200 for 75% of the issue price per warrant, with Labdhi Shah being the allottee.
⚖️ Strengths & Concerns

✅ Positives

  • Conversion of warrants at a premium of ₹18 per equity share of ₹10 face value.
  • Receipt of subscription amount of Rs. 97,200/- for the conversion of 7,200 warrants.
❓ Frequently Asked Questions
What happened on June 30, 2026, for Modulex Construction Technologies?
Modulex Construction Technologies converted 7,200 convertible warrants into 7,200 equity shares of ₹10 face value each.
What was the conversion price for Modulex Construction Technologies' warrants?
Each warrant was converted into one equity share at a price of ₹18 per equity share.
How much money did Modulex Construction Technologies receive from this conversion?
The company received Rs. 97,200/- which represents 75% of the issue price per warrant for the 7,200 warrants converted.
Who was the allottee for the 7,200 equity shares issued by Modulex Construction Technologies?
The 7,200 equity shares were allotted to Labdhi Shah through a preferential allotment.

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

⚠️ 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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