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Company Filings, Explained Simply

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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.
Sudarshan Chemical Industries Ltd

Sudarshan Chemical Allots 9.8 Lakh Shares to Promoter Upon Warrant Conversion

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 10 Jun 2026, 06:34 PM IST  ·  BSE ID: b28873ad-0586-43ea-9422-dec0ab8ec00f
View Original BSE Filing (PDF)
💡
In Simple Terms
Sudarshan Chemical issued new shares to a promoter by converting previously issued warrants, increasing its total share capital.
🤖 AI Summary
  • Company allotted 9,80,000 equity shares to promoter upon warrant conversion.
  • Conversion followed payment of remaining 75% consideration for warrants.
  • Total paid-up equity share capital increased to Rs. 15,92,15,152.
  • Promoter and promoter group shareholding increased to 9.32%.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares Allotted
9,80,000
Face Value per Equity Share
Rs. 2/-
Warrants Issue Price per Warrant
Rs. 1,019.75
Consideration per Warrant received at subscription
Rs. 254.94
Consideration per Warrant remitted upon conversion
Rs. 764.81
Total consideration for conversion
Rs. 74,95,13,800/-
Existing Paid-up Equity Share Capital
Rs. 15,72,55,152
Post Allotment Paid-up Equity Share Capital
Rs. 15,92,15,152
Pre-Allotment Promoter/Promoter Group Shares held
64,40,604
Pre-Allotment Promoter/Promoter Group Percentage
8.19%
Post Allotment Promoter/Promoter Group Shares held
74,20,604
Post Allotment Promoter/Promoter Group Percentage
9.32%
🏢 How This Affects the Company
💰
Financial Impact
The company's paid-up equity share capital has increased by Rs. 1,99,99,999.99 (9,80,000 shares * Rs. 2 face value). This transaction also represents the inflow of Rs. 74,95,13,800 from the promoter for the remaining warrant consideration.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this allotment.
👤
Who Is Affected
Existing shareholders are affected by a dilution in their percentage ownership due to the issuance of new equity shares. Promoter and promoter group shareholding increased from 8.19% to 9.32%.
🔍
Management Signal
The management has successfully executed a capital raise mechanism involving warrants and a promoter, signalling commitment to the company's funding and governance.

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

👁 Watch List — track these upcoming events
Company's next quarterly results for financial impact updates.
Confirmation of listing and trading approval for the new shares.
Disclosure of promoter lock-in period expiry as per regulations.
LOW RISK Routine share allotment to promoter upon warrant conversion.
💡 Investor Takeaway
Sudarshan Chemical allotted 9,80,000 equity shares to promoter Mr. Rajesh Balkrishna Rathi upon warrant conversion, increasing paid-up equity share capital to Rs. 15,92,15,152.
⚖️ Strengths & Concerns

✅ Positives

  • Completion of warrant conversion confirms promoter's commitment and injects further capital into the company.
  • Promoter and promoter group shareholding increased to 9.32%, strengthening their stake in the company.
❓ Frequently Asked Questions
How many equity shares did Sudarshan Chemical allot to its promoter?
Sudarshan Chemical allotted 9,80,000 equity shares to promoter Mr. Rajesh Balkrishna Rathi upon conversion of warrants.
What was the total consideration received by Sudarshan Chemical for the warrant conversion?
The company received Rs. 74,95,13,800/- as the remaining 75% consideration for the conversion of warrants.
How did the allotment affect Sudarshan Chemical's paid-up equity share capital?
The paid-up equity share capital increased from Rs. 15,72,55,152 to Rs. 15,92,15,152 after the allotment.
What is the new shareholding percentage of Sudarshan Chemical's promoter and promoter group?
Post allotment, the promoter and promoter group's shareholding increased to 9.32% from 8.19%.

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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