DC Infotech & Communication Limited Issues Reminder for Warrant Exercise Deadline

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Key Highlights

DC Infotech & Communication Limited has issued formal reminders to warrant holders about the February 12, 2026 deadline for exercising 4,00,000 equity share warrants allotted on August 13, 2024. The warrants, issued to non-promoter allottees on a preferential basis, carry an exercise price of ₹235 per share with a face value of ₹10 each. The company has notified holders about the 18-month exercise period and consequences of non-exercise within the stipulated timeframe.

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DC Infotech & Communication Limited has issued formal reminders to warrant holders regarding the approaching deadline for exercising their equity share warrants. The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on January 21, 2026.

Warrant Allotment Details

The company had originally allotted 4,00,000 equity share warrants on August 13, 2024, to non-promoter allottees on a preferential basis. These warrants represent a significant corporate action that provides holders with the opportunity to acquire equity shares at a predetermined price.

Parameter: Details
Total Warrants Allotted: 4,00,000
Allotment Date: August 13, 2024
Allottee Category: Non-promoter
Allotment Basis: Preferential

Exercise Terms and Pricing

Each warrant entitles the holder to apply for and be allotted one equity share of the company. The warrants carry specific financial terms that warrant holders must fulfill upon exercise.

Specification: Amount
Face Value per Share: ₹10.00
Exercise Price per Share: ₹235.00
Conversion Ratio: 1:1

Critical Timeline Information

According to the terms of issue and applicable SEBI regulations, the warrants are exercisable within 18 months from the date of allotment. This establishes a firm deadline that warrant holders must observe to avoid forfeiture of their rights.

Timeline Parameter: Date
Allotment Date: August 13, 2024
Exercise Period: 18 months
Final Exercise Deadline: February 12, 2026

Company Action and Compliance

DC Infotech & Communication Limited has proactively issued reminders to respective warrant holders regarding the timeline for exercise of warrants. The company has also informed holders about the consequences of non-exercise within the stipulated period, ensuring full transparency and compliance with regulatory requirements.

The intimation serves as both an informational disclosure and a formal record of the company's compliance with SEBI regulations. Managing Director Chetankumar Timbadia signed the disclosure, emphasizing the importance of this corporate communication to stakeholders and regulatory authorities.

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