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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.
Shri Gang Industries & Allied Products Ltd

Shri Gang Industries allots 1.3M shares from warrants, 1.1M CCPS

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 06 Jun 2026, 02:17 PM IST  ·  BSE ID: eeeb0960-c462-4e7f-9f77-82863d69a94d
View Original BSE Filing (PDF)
💡
In Simple Terms
Shri Gang Industries converted warrants and preference shares into new company stock, raising its total share capital.
🤖 AI Summary
  • Company allotted 1,34,680 equity shares from convertible warrants.
  • Company allotted 11,24,375 equity shares from 0.01% CCPS.
  • Total paid-up equity share capital increased to Rs. 21,23,90,550.
  • Warrant conversion involved Varun Gupta (Promoter & Promoter Group).
  • CCPS conversion involved Sarvashaktiman Traders Private Limited (Public).
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares allotted pursuant to conversion of warrants
1,34,680
Issue price of warrants
₹ 99/- each
Aggregated value of warrant conversion
₹ 1,33,33,320/-
Number of 0.01% CCPS Converted
11,24,375
Conversion price of CCPS
₹76/- each
Aggregated value of CCPS conversion
₹ 8,54,51,875/-
Total Paid-up Equity Share Capital after allotment
₹ 21,23,90,550/-
Total Equity Shares after allotment
2,12,39,055
🏢 How This Affects the Company
💰
Financial Impact
The conversion of warrants and CCPS increases the company's paid-up equity share capital by Rs. 1,33,33,320 and Rs. 8,54,51,875 respectively, strengthening its equity base.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders regarding this allotment.
👤
Who Is Affected
Existing shareholders' percentage ownership will be diluted due to the issuance of new equity shares.
🔍
Management Signal
Management is utilizing preferential issue mechanisms to convert outstanding convertible instruments into equity.

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

👁 Watch List — track these upcoming events
Future quarterly results for impact on earnings per share.
Company's use of funds from previous capital raises.
Further corporate actions related to preferential issues.
LOW RISK This is a routine capital conversion event, not introducing new immediate risks.
💡 Investor Takeaway
Shri Gang Industries raised Rs. 9,87,85,195 through conversion of warrants and CCPS, increasing paid-up capital to Rs. 21,23,90,550.
⚖️ Strengths & Concerns

✅ Positives

  • Rs. 1,33,33,320 raised via conversion of 1,34,680 warrants at Rs. 99 each.
  • Rs. 8,54,51,875 raised via conversion of 11,24,375 CCPS at Rs. 76 each.
📅 Company Track Record
In March 2026, Shri Gang Industries converted Rs. 2.5 Crore CCPS to equity, increasing paid-up capital to Rs. 19.98 Crore.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
How many equity shares were allotted by Shri Gang Industries from convertible warrants?
Shri Gang Industries allotted 1,34,680 equity shares upon conversion of 1,34,680 convertible warrants.
What is the total value of equity shares allotted from CCPS conversion?
The conversion of 11,24,375 CCPS resulted in the allotment of equity shares worth Rs. 8,54,51,875.
What is Shri Gang Industries' total paid-up equity share capital after this allotment?
Following the allotment, the company's total paid-up equity share capital stands at Rs. 21,23,90,550.

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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