Centuple Global Limited Completes ₹75.05 Crore Convertible Warrant Allotment
Centuple Global Limited (formerly Checkpoint Trends Limited) successfully allotted 1,66,74,072 convertible warrants worth ₹75,04,99,981 to 9 non-promoter investors at ₹45.01 per warrant through preferential allotment. The Board meeting held on March 05, 2026, approved the allotment with investors paying 25% upfront (₹18,76,25,005) and remaining 75% due upon conversion within 18 months.

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Centuple Global Limited (formerly Checkpoint Trends Limited) has successfully completed the allotment of convertible warrants worth ₹75,04,99,981 through preferential allotment. The Board of Directors approved the allotment of 1,66,74,072 convertible warrants to 9 non-promoter investors on March 05, 2026.
Board Meeting Outcome
The Board meeting was held from 08:00 P.M. to 09:00 P.M. on March 05, 2026, with Managing Director and CFO Shubham Chaudhary (DIN: 09298013) signing the regulatory filings. The allotment was conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Parameter: | Details |
|---|---|
| Total Warrants Allotted: | 1,66,74,072 |
| Issue Price per Warrant: | ₹45.01 |
| Total Issue Size: | ₹75,04,99,981 |
| Exercise Period: | 18 months |
| Face Value per Share: | ₹10 |
Warrant Terms and Structure
The convertible warrants were issued at ₹45.01 per warrant, with each warrant carrying the right to subscribe to one equity share of face value ₹10. The warrants can be exercised in one or more tranches within 18 months from the allotment date. Investors have paid 25% of the warrant issue price upfront, totaling ₹18,76,25,005, with the remaining 75% payable upon conversion.
Investor Allocation Details
The warrants were allocated to 9 non-promoter investors, with the largest allocations going to institutional investors:
| Investor Name: | Warrants Allotted | Amount Received (₹) |
|---|---|---|
| Pandokhar Food LLP: | 66,65,186 | 7,50,00,006 |
| Lemon Electronics Limited: | 66,65,186 | 7,50,00,006 |
| Pradeep Kumar: | 19,55,121 | 2,20,00,000 |
| Alka Sharma: | 3,88,802 | 43,74,995 |
| Charu Mehra: | 2,99,933 | 33,75,000 |
Regulatory Approvals
The company received in-principle approval from BSE Limited vide letter no. LOD/PREF/MV/FIP/1724/2025-26 dated February 18, 2026. The allotment was based on prior approvals from the Board meeting held on September 24, 2025, and shareholder approval in the extraordinary general meeting held on October 27, 2025. All payments were made in cash through the preferential allotment route.
Conversion Mechanism
Upon exercise of the warrants, fully paid-up equity shares of face value ₹10 each will be allotted to the warrant holders within 18 months from the allotment date. The amount paid against warrants will be adjusted against the issue price for the resultant equity shares, ensuring seamless conversion from warrants to equity participation.
Historical Stock Returns for Checkpoint Trends
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | -22.54% | -48.63% | +56.67% | +238.79% | +1,097.25% |


































