Mardia Samyoung Capillary Tubes Allots 1.17 Crore Equity Shares Through Warrant Conversions

2 min read     Updated on 14 Apr 2026, 01:25 AM
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AI Summary

Mardia Samyoung Capillary Tubes Company Limited executed two separate warrant conversion exercises, allotting a combined 1,17,15,000 equity shares through board meetings held on April 11 and April 13, 2026. The conversions involved three non-promoter investors and increased the company's paid-up capital significantly to INR 79,44,80,730, demonstrating successful capital expansion and investor confidence.

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Mardia Samyoung Capillary Tubes Company Limited has completed multiple warrant conversions, resulting in the allotment of 1,17,15,000 equity shares through the conversion of fully convertible equity warrants. The company has conducted two separate warrant conversion exercises, significantly expanding its equity base and paid-up capital.

Initial Warrant Conversion - April 11, 2026

The first warrant conversion was approved by the board of directors during their meeting on April 11, 2026, involving 78,15,000 equity shares. These warrants were originally allotted on February 06, 2026, at an issue price of INR 13.50 per warrant on a preferential basis to non-promoter category investors.

Parameter: Details
Total Warrants Converted: 78,15,000
Face Value per Share: INR 10
Original Issue Price: INR 13.50 per warrant
Allotment Date: February 06, 2026
Conversion Date: April 11, 2026

Second Warrant Conversion - April 13, 2026

The board conducted another meeting on April 13, 2026, approving the conversion of an additional 39,00,000 fully convertible equity warrants. These warrants were also originally allotted to a non-promoter investor on February 06, 2026, at the same issue price of INR 13.50 per warrant.

Conversion Details: Second Allotment
Warrants Converted: 39,00,000
Allottee: Gavali Hitendrabhai Bayajebhai
Category: Non-Promoter
Meeting Time: 05:30 PM to 06:00 PM

Combined Allottee Distribution

The total equity shares from both conversions have been distributed among three non-promoter investors, demonstrating broad-based investor participation in the company's equity expansion.

Allottee Name: Category Shares Allotted
Patel Biralkumar Rajeshbhai: Non-Promoter 39,50,000
Shaikh Sajidbhai Rahimbhai: Non-Promoter 38,65,000
Gavali Hitendrabhai Bayajebhai: Non-Promoter 39,00,000
Total: 1,17,15,000

Impact on Share Capital Structure

The combined warrant conversions have resulted in a substantial increase in the company's paid-up equity share capital, reflecting successful capital raising activities and providing enhanced financial resources for business operations.

Capital Structure: Initial After First Conversion After Second Conversion
Paid-up Capital: INR 67,73,30,730 INR 75,54,80,730 INR 79,44,80,730
Number of Shares: 6,77,33,073 7,55,48,073 7,94,48,073
Face Value: INR 10 per share INR 10 per share INR 10 per share

Both warrant conversions were conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance. The successful completion of these conversions demonstrates strong investor confidence in the company's prospects and provides substantial additional equity capital for future growth initiatives.

How will Mardia Samyoung utilize the additional INR 15.83 crore raised from these warrant conversions to drive future growth?

What impact will the 17.3% increase in share count have on existing shareholders' earnings per share and voting rights dilution?

Are there any remaining unconverted warrants in the company's books that could lead to further equity dilution?

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Mardia Samyoung Capillary Tubes Files Q4FY26 Compliance Certificate Under SEBI Depositories Regulations

2 min read     Updated on 13 Apr 2026, 03:56 PM
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Radhika SScanX News Team
AI Summary

Mardia Samyoung Capillary Tubes Company Limited filed its Q4FY26 compliance certificate under SEBI Depositories Regulations with BSE Limited on April 13, 2026. The certificate, submitted by Managing Director Dhaval Dharmendrabhai Joshi, covers dematerialization activities from January to March 2026. Registrar Purva Sharegistry confirmed proper processing of all dematerialization requests, with extensive activity recorded including significant transactions from Ellyoung Metal Products P Ltd and various individual shareholders.

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Mardia Samyoung Capillary Tubes Company Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026, in accordance with SEBI (Depositories and Participants) Regulations, 2018. The submission, made on April 13, 2026, demonstrates the company's adherence to regulatory requirements for share dematerialization processes.

Regulatory Compliance Filing

The compliance certificate was submitted by Managing Director Dhaval Dharmendrabhai Joshi (DIN: 10778731) to BSE Limited's Corporate Relationship Department. The filing addresses the requirements under Regulation 74(5) of SEBI Depositories Regulations, ensuring proper documentation of dematerialization activities during the quarter.

Filing Details: Information
Quarter Period: January 1, 2026 to March 31, 2026
Filing Date: April 13, 2026
Scrip Code: 513544
Managing Director: Dhaval Dharmendrabhai Joshi
DIN: 10778731

Registrar Confirmation

Purva Sharegistry (India) Pvt. Ltd., the company's SEBI-registered share transfer agent (Registration: INR000001112), provided comprehensive confirmation of dematerialization activities. The registrar confirmed that all securities received from depository participants during the quarter were properly processed within prescribed timelines.

The confirmation certificate, issued by Compliance Officer Ms. Deepali Gaonkar, verified that:

  • All dematerialization requests were confirmed or rejected appropriately
  • Security certificates were mutilated and cancelled after verification
  • Depository names were substituted in the register of members
  • All processes adhered to regulatory timelines

Dematerialization Activity Summary

The detailed records reveal extensive dematerialization activity throughout the quarter, with transactions spanning from January 2, 2026, to March 30, 2026. The activity involved numerous individual and institutional shareholders across various folio numbers.

Key Activity Metrics: Details
Period Covered: January 1, 2026 to March 31, 2026
Total Transactions: Multiple entries across three months
Largest Shareholder Activity: Ellyoung Metal Products P Ltd
Certificate Range: 0200078 to 0218294

Major Shareholder Transactions

Ellyoung Metal Products P Ltd emerged as the most active participant in dematerialization during the quarter, with multiple large-volume transactions processed primarily in March 2026. The company's dematerialization activity included various certificate numbers with substantial share quantities.

Other notable participants included individual shareholders such as Parveen Ismail Mulla, Kokilaben Vithaldas Parekh, and Ramesh Lakhotia, among others, representing diverse retail investor participation in the dematerialization process.

Compliance Confirmation

The filing confirms Mardia Samyoung Capillary Tubes Company Limited's continued compliance with SEBI depositories regulations. The comprehensive documentation provided by both the company and its registrar demonstrates proper governance and adherence to regulatory frameworks governing share dematerialization processes in the Indian capital markets.

What strategic initiatives might be driving Ellyoung Metal Products P Ltd's significant dematerialization activity in Mardia Samyoung's shares?

How could the increased retail investor participation in dematerialization impact the company's trading liquidity and market dynamics?

Will Mardia Samyoung consider any corporate actions or capital restructuring given the substantial share dematerialization activity this quarter?

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