Valencia Nutrition disclosed that its promoter and Managing Director, Manish Pravinchandra Turakhia, converted warrants into equity shares on June 9, 2026. The conversion increased his stake in the company to 39.85%, a move that underscores the promoter's commitment to the firm's growth trajectory.

The disclosure, submitted to BSE Limited on June 10, 2026, under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, detailed the specifics of the transaction. Turakhia converted 15,20,000 warrants at an issue price of ₹40 per share, which included a premium of ₹30 over the face value of ₹10. The total consideration for the transaction amounted to ₹6.08 crore.

Prior to this conversion, Turakhia held 63,86,733 equity shares, representing a 34.86% stake in the company. The allotment of the new shares has raised his total holding to 79,06,733 equity shares. The transaction was executed via a preferential offer, and the company received the intimation regarding this change on June 10, 2026.

The following table outlines the changes in Turakhia's shareholding:

The filing confirmed that no trading in derivatives was conducted by the promoter or his immediate relatives during the relevant period. The conversion of warrants into equity shares represents a significant capital infusion into the company, strengthening the promoter's position in the capital structure.

Valencia Nutrition Limited's shareholding in its unlisted subsidiary, Valencia Beverages & Superwater Private Limited, has diluted from 100% to approximately 75% following a preferential allotment of equity shares. The dilution occurred after the subsidiary issued 30,00,000 fresh equity shares at a price of ₹10.54 per share, which includes a premium of ₹0.54 per share. Consequently, the entity has ceased to be a wholly-owned subsidiary but continues to remain a subsidiary of the company.

The preferential allotment was made to Mr. Manish Turakhia, the Managing Director and Promoter of Valencia Nutrition Limited. This transaction qualifies as a related party transaction under Section 2(76) of the Companies Act, 2013. The allotment was conducted on an arm's length basis, supported by a report from an independent Registered Valuer, and falls under the exemption criteria provided in Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors of Valencia Beverages & Superwater Private Limited passed the final allotment resolution on June 4, 2026. The cash consideration for the shares was received directly by the subsidiary from the subscriber. The funds raised are intended to provide growth capital for the subsidiary's business expansion and operations.

Valencia Beverages & Superwater Private Limited operates in the FMCG, beverages, and consumer goods sector. The entity was incorporated on June 24, 2025, following the conversion of Zion Beverages, a partnership firm, into a private limited company. As the company was newly incorporated in June 2025, financial data for the past three years is not applicable. For the financial year ended March 31, 2026, the subsidiary reported a turnover of ₹2,00,19,000 and a net worth of ₹9,49,77,000.

Financial and Shareholding Details