Shivalik Rasayan Receives 3.99 Lakh Convertible Warrants From Ginnerup Capital ApS
· Free Press Journal
Mumbai: Shivalik Rasayan Limited announced on September 29, 2026, that it received a disclosure from Ginnerup Capital ApS regarding the acquisition of 3,99,990 fully convertible warrants.
Acquisition Details
The warrants, which are convertible into an equal number of equity shares, represent 5.34% of Shivalik Rasayan's diluted paid-up share capital. The acquisition by Ginnerup Capital ApS, referred to as the 'Acquirer', occurred on September 14, 2026.
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Before this acquisition, Ginnerup Capital ApS held 5,06,550 shares carrying voting rights, representing 3.22% of the total share/voting capital wherever applicable.
Post-Acquisition Holding
Following the acquisition, Ginnerup Capital ApS's holding of warrants/convertible securities stands at 3,99,990, representing 2.36% of the total diluted share/voting capital. The total shares carrying voting rights after acquisition remain 5,06,550, which is 3.16% of the total share/voting capital.
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Shivalik Rasayan's equity share capital before the acquisition was ₹7,87,51,825, divided into 1,57,50,365 equity shares of ₹5 each. After the acquisition, the equity share capital increased to ₹8,01,61,825, divided into 1,60,32,365 equity shares of ₹5 each.
Diluted Share Capital
The total diluted share/voting capital of Shivalik Rasayan after the said acquisition is ₹8,49,01,775, divided into 1,69,80,355 equity shares of ₹5 each.
Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.