Sampre Nutritions Limited has announced the outcome of its board meeting. The company approved the allotment of equity shares upon the conversion of warrants issued on a preferential basis.
The board of directors approved the allotment of 5,50,000 equity shares of ₹10 each at an issue price of ₹60.50 per warrant. This conversion was carried out after the receipt of the remaining ₹45.375 per warrant, aggregating to ₹2.49 crore in total.
Out of the total conversion, 5,00,000 equity shares were allotted to promoter Brahma Gurbani and 50,000 equity shares were allotted to public shareholder Vishal Ratan Gurbani. With this, the promoter’s holding increased to 13,87,416 shares, accounting for 6.28% of the company’s paid-up equity capital.
Following the conversion, the paid-up equity capital of the company rose from ₹21.00 crore, consisting of 2,10,06,855 equity shares, to ₹21.55 crore, consisting of 2,15,56,855 equity shares of ₹10 each. These new shares will rank pari passu with existing equity shares in all respects.
The company originally allotted 8,40,000 warrants in November 2024. With the current conversion, 5,50,000 warrants have been exercised, while 2,90,000 warrants remain outstanding. These can be converted into equity shares by May 2026 upon payment of the balance exercise price.
This update has coincided with the Sampre Nutritions share price hitting the upper circuit of 25 on September 15, 2025. The stock has been hitting back-to-back upper circuits, and as a result, the stock price has rallied by 284% in the last 3 months.
Post conversion, promoter Brahma Gurbani now holds 6.28% while public shareholder Vishal Ratan Gurbani holds 0.26% of the total equity share capital. The updated shareholding reflects the impact of the warrant conversion on ownership distribution.
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Published on: Sep 15, 2025, 2:08 PM IST
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