Shree Pacetronix Converts 75,150 Warrants into Equity Shares, Raises ₹45.65 Lakh
Shree Pacetronix Ltd. successfully completed the conversion of 75,150 warrants into equity shares at ₹81 per share, raising ₹45.65 lakh from promoter Akash Sethi. The conversion increased the company's paid-up capital to ₹3.75 crore and enhanced Sethi's shareholding from 2.39% to 4.35%, while 1.50 lakh warrants remain pending for future conversion.

*this image is generated using AI for illustrative purposes only.
Shree Pacetronix Ltd. has successfully completed the conversion of 75,150 warrants into equity shares, following board approval on March 20, 2026. The conversion represents a significant capital restructuring exercise that strengthens the company's equity base while providing additional funds for business operations.
Warrant Conversion Details
The board of directors approved the allotment of 75,150 equity shares pursuant to the conversion of an equal number of warrants held by promoter Akash Sethi. The conversion was executed at a predetermined issue price structure that reflects the company's current valuation.
| Parameter: | Details |
|---|---|
| Issue Price per Share: | ₹81 (including premium of ₹71) |
| Total Shares Converted: | 75,150 |
| Gross Proceeds: | ₹60,87,150 |
| Balance Amount Received: | ₹45,65,362.50 (75% of issue price) |
| Allottee: | Akash Sethi (Promoter) |
Shareholding Impact
The warrant conversion has resulted in changes to the promoter's shareholding pattern and the company's overall capital structure. Akash Sethi's equity participation has increased substantially while maintaining a significant warrant position for potential future conversions.
| Shareholding Details: | Pre-Conversion | Post-Conversion |
|---|---|---|
| Warrants Held: | 2,25,450 | 1,50,300 |
| Shareholding Percentage: | 2.39% | 4.35% |
| Warrants Converted: | - | 75,150 |
| Pending Warrants: | - | 1,50,300 |
Capital Structure Enhancement
Following the successful conversion, Shree Pacetronix's paid-up equity share capital has increased substantially. The company now maintains a stronger equity foundation that supports its long-term growth objectives and operational requirements.
| Capital Structure: | Amount/Number |
|---|---|
| New Paid-up Capital: | ₹3,74,97,000 |
| Total Equity Shares: | 37,49,700 |
| Face Value per Share: | ₹10 |
| Ranking: | Pari-passu with existing shares |
Regulatory Compliance and Filing
The warrant conversion process was conducted in full compliance with SEBI regulations, including the Listing Obligations and Disclosure Requirements and the Issue of Capital and Disclosure Requirements Regulations, 2018. The company has fulfilled all disclosure obligations and maintained transparency throughout the conversion process.
The conversion follows the company's earlier warrant allotment communication dated November 14, 2025, demonstrating the systematic execution of the capital raising plan. The board meeting was held from 05:30 P.M. to 06:15 P.M., with all procedural requirements met, including the receipt of the balance 75% payment from the warrant holder. The intimation has been filed with BSE Limited under scrip code 527005 and hosted on the company's website at www.pacetronix.com , ensuring complete regulatory compliance and transparency.
Historical Stock Returns for Shree Pacetronix
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +7.64% | -0.93% | -13.15% | -44.78% | +74.11% | +910.37% |


































