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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.
Rajkamal Synthetics Ltd

Rajkamal Synthetics: 68,83,000 Warrants Forfeited After Non-Conversion

FUNDRAISE ▼ Concern Flagged MEDIUM RISK
📅 Filed on BSE: 02 Nov 2026, 08:48 PM IST  ·  BSE ID: ae33810a-2d76-479a-9347-11c47d7b06fd
View Original BSE Filing (PDF)
💡
In Simple Terms
The company has lost 68.83 lakh share options because the investors didn't convert them into actual shares on time.
🤖 AI Summary
  • 68,83,000 warrants of Rajkamal Synthetics have been forfeited.
  • Warrants were issued on February 14, 2025, on a preferential basis.
  • The conversion deadline for these warrants was August 13, 2026.
  • Forfeiture occurred due to non-exercise of conversion option by holders.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Outstanding Warrants Forfeited
68,83,000
Warrant Issue Date
14/02/2025
Warrant Conversion Deadline
13/08/2026
Warrant Face Value
Rs. 10/-
Warrant Issue Price
Rs. 43.50/-
🏢 How This Affects the Company
💰
Financial Impact
The forfeiture of 68,83,000 warrants means the company will not receive the anticipated funds from their conversion into equity shares. This impacts the planned capital infusion from this specific issuance.
⚠️
Risk Impact
The forfeiture flags a lack of commitment from the warrant holders, potentially indicating a reassessment of the company's future prospects by these investors.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders as this concerns forfeited warrants.
👤
Who Is Affected
The holders of the 68,83,000 warrants are affected as they lose their right to convert them into equity shares.
🔍
Management Signal
Management has strictly enforced the forfeiture clause, indicating adherence to regulatory and issuance terms.

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

👁 Watch List — track these upcoming events
Company's next capital raise announcement
Any further communication on warrant related matters
Q1 FY27 results for operational updates
MEDIUM RISK Forfeiture of a significant number of warrants points to potential investor concerns.
💡 Investor Takeaway
Rajkamal Synthetics forfeited 68,83,000 warrants that were to be converted by August 13, 2026, as holders failed to exercise their option, impacting planned capital infusion.
⚖️ Strengths & Concerns

⚠️ Concerns

  • 68,83,000 warrants were forfeited as holders did not exercise their conversion option by the August 13, 2026 deadline.
❓ Frequently Asked Questions
How many warrants did Rajkamal Synthetics forfeit?
Rajkamal Synthetics forfeited 68,83,000 outstanding warrants.
When were the forfeited warrants originally issued?
The warrants were issued on February 14, 2025, on a preferential basis.
What was the deadline for converting these warrants?
The last date for exercising the conversion option was August 13, 2026.
Why were the warrants forfeited?
The warrants were forfeited because the holders did not exercise their option to convert them into equity shares within the stipulated time.

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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