DC Infotech Promoter Group Boosts Stake to 63.75% Through Warrant Conversion
DC Infotech & Communications' promoter group, led by Chetankumar H Timbadia, has increased their shareholding from 53.88% to 63.75% through the conversion of warrants into equity shares. The group acquired 15,80,000 shares via preferential allotment, raising the company's equity share capital from 1,44,20,000 to 1,60,00,000 shares. This move, completed on September 24, 2025, strengthens the promoters' position in the company. The required disclosures were submitted to the National Stock Exchange of India Ltd. and BSE Limited on September 25, 2025, in compliance with SEBI regulations.

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DC Infotech & Communications has seen a significant increase in its promoter group's shareholding. The group, led by Chetankumar H Timbadia and persons acting in concert, has raised their stake in the company to 63.75% from the previous 53.88% through the conversion of warrants into equity shares.
Warrant Conversion Details
The promoter group acquired 15,80,000 shares through a preferential allotment, with trading approval received on September 24, 2025. This move has resulted in an increase in the company's equity share capital from 1,44,20,000 shares to 1,60,00,000 shares, each with a face value of Rs. 10.
Promoter Group Composition
The promoter group consists of nine individuals:
- Devansh Kamleshkumar Sayani
- Madhuri Sayani
- Aayush Sayani
- Yash Devendra Sayani
- Devendra Kishorkumar Sayani
- Jayesh K Sayani
- Dharmik Chetankumar Timbadia
- Dhairya Chetankumar Timbadia
- Devansh Kamleshkumar Sayani
Regulatory Compliance
In compliance with SEBI regulations, specifically Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the company has submitted the required disclosures to both the National Stock Exchange of India Ltd. and BSE Limited on September 25, 2025.
Shareholding Changes
The LODR data provides a detailed breakdown of the shareholding changes:
Category | Before Acquisition | After Acquisition |
---|---|---|
Shares carrying voting rights | 86,20,000 (53.88%) | 102,00,000 (63.75%) |
Total diluted share/voting capital | 52.56% | 62.20% |
Impact on Share Capital
Following the warrant conversion, the equity share capital of DC Infotech & Communications has been affected as follows:
- Before acquisition: 1,44,20,000 equity shares (Face value: Rs. 10 each)
- After acquisition: 1,60,00,000 equity shares (Face value: Rs. 10 each)
- Total diluted share capital after acquisition: 1,64,00,000 equity shares (Face value: Rs. 10 each)
This strategic move by the promoter group significantly strengthens their position in the company, potentially influencing future decision-making and corporate strategies.
Historical Stock Returns for DC Infotech & Communications
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.21% | -2.90% | +12.44% | +6.73% | -25.62% | +1,270.32% |