Aviva Industries Completes Additional 15.95 Lakh Equity Share Allotment
Aviva Industries Limited completed another warrant conversion with the board approving allotment of 15.95 lakh equity shares to Chavdhari Navinbhai Rameshbhai on April 07, 2026. This follows previous conversions totaling 32.20 lakh shares, bringing the company's paid-up capital to ₹32.50 crores and total shares to 3.25 crore.

*this image is generated using AI for illustrative purposes only.
Aviva Industries Limited has announced another significant warrant conversion, with the Board of Directors approving the allotment of an additional 15.95 lakh equity shares on April 07, 2026. This latest development follows the company's previous warrant conversion of 32.20 lakh shares, demonstrating continued investor interest and capital expansion.
Latest Warrant Conversion Details
The Board meeting held on April 07, 2026, from 04:30 PM to 05:00 PM, approved the conversion of 15.95 lakh fully convertible equity warrants into equity shares. These warrants were originally allotted on January 07, 2026, at an issue price of ₹28.00 per warrant on a preferential basis to a non-promoter category investor.
| Parameter: | Details |
|---|---|
| Shares Allotted: | 15.95 lakh equity shares |
| Face Value per Share: | ₹10.00 |
| Original Warrant Issue Price: | ₹28.00 per warrant |
| Warrant Allotment Date: | January 07, 2026 |
| Board Meeting Date: | April 07, 2026 |
| Category: | Non-Promoter |
Current Allottee Information
The entire allotment of 15.95 lakh equity shares has been made to a single non-promoter investor:
| Allottee Name: | Category: | Shares Allotted: |
|---|---|---|
| Chavdhari Navinbhai Rameshbhai: | Non-Promoter | 15.95 lakh |
Updated Capital Structure
Following this latest warrant conversion, the company's paid-up equity share capital has increased substantially. The capital structure now reflects the cumulative impact of recent warrant conversions:
| Capital Parameter: | Before Latest Allotment: | After Latest Allotment: |
|---|---|---|
| Paid-up Capital: | ₹30.90 crores | ₹32.50 crores |
| Number of Shares: | 3.09 crore shares | 3.25 crore shares |
| Face Value per Share: | ₹10.00 | ₹10.00 |
Previous Warrant Conversions
This recent allotment adds to the company's earlier warrant conversion completed in April 2026, where 32.20 lakh equity shares were allotted to Anandbhai Jankabhai Gavli and Surti Viralkumar Sureshbhai. The combined warrant conversions demonstrate strong investor confidence and the company's successful capital raising initiatives.
Regulatory Compliance
The company has informed the Bombay Stock Exchange about this corporate action in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance and transparency for all stakeholders.
Historical Stock Returns for Aviva Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.79% | +2.75% | -0.62% | +11.43% | +67.76% | +436.36% |
What are Aviva Industries' plans for utilizing the additional ₹1.60 crores raised through this warrant conversion?
Will the company issue more warrants in the coming quarters to further expand its capital base?
How might this 5.2% increase in share count impact earnings per share and dividend distribution for existing shareholders?


























