Dhanashree Electronics Limited , an ISO 9001:2015 certified company, has taken a significant step to raise capital through a preferential allotment of convertible warrants. The company's board has approved and allotted 1,69,64,000 convertible warrants at Rs. 30.00 each to a mix of promoters, promoter group entities, and public investors.

Key Details of the Allotment

• Total Number of Warrants: 1,69,64,000
• Price per Warrant: Rs. 30.00
• Total Potential Capital Raise: Rs. 50.89 crore (upon full conversion)
• Initial Payment: 25% of the consideration amount
• Conversion Period: Within 18 months

Breakdown of Allottees

The allotment has been made to various categories of investors, as detailed in the following table:

Notable Allottees

Among the significant allottees are:

1. Toshniwal Infrastructure Private Limited (Promoter Group): 32,50,000 warrants
2. Lighting Industries Private Limited (Promoter Group): 32,00,000 warrants
3. Ashok Dilipkumar Jain (Public): 10,50,000 warrants
4. Kajal Ashok Jain (Public): 8,70,000 warrants
5. Teena Kirti Jain (Public): 8,34,000 warrants

Implications and Potential Outcomes

This preferential allotment of convertible warrants could have several implications for Dhanashree Electronics:

1. Capital Infusion: Upon full conversion, the company stands to raise approximately Rs. 50.89 crore, which could be used for various corporate purposes such as expansion, debt reduction, or working capital requirements.

2. Promoter Confidence: The significant participation of promoters and promoter group entities (totaling 1,17,50,000 warrants) may be seen as a sign of confidence in the company's future prospects.

3. Public Participation: The inclusion of 19 public investors demonstrates broader market interest in the company's growth potential.

4. Dilution Effect: If all warrants are converted into equity shares, it will lead to dilution of existing shareholding. However, this is balanced against the potential benefits of the capital raised.

5. Financial Flexibility: The 18-month conversion period provides the company and warrant holders with flexibility in timing the full conversion based on market conditions and company performance.

Investors and market watchers will likely keep a close eye on how Dhanashree Electronics utilizes this potential capital infusion and its impact on the company's future growth trajectory. As always, potential investors should conduct their own research and consider their risk tolerance before making investment decisions based on this corporate action.

Dhanashree Electronics Limited , a company known for its lighting products, has announced a significant corporate action that will impact its stock market presence. The company's Board of Directors has approved a proposal for the voluntary delisting of its equity shares from the Calcutta Stock Exchange Limited (CSE).

Key Details of the Delisting Decision

The decision to delist from the CSE was made during a board meeting held on October 24, 2025. Here are the crucial points of the announcement:

Implications and Next Steps

The company's decision to delist from the CSE while maintaining its listing on the BSE (formerly known as Bombay Stock Exchange) is a strategic move that could have several implications:

1. Streamlined Listing: By delisting from the CSE, Dhanashree Electronics may be looking to streamline its compliance and reporting processes.

2. Nationwide Presence: The company emphasized that its shares will continue to be listed on BSE Ltd., which has a nationwide terminal, potentially ensuring broader market access and liquidity for its shareholders.

3. Regulatory Compliance: The delisting is subject to necessary approvals under SEBI regulations, indicating that the company will need to follow the prescribed process and obtain relevant clearances before the delisting can be finalized.

Investors and stakeholders should note that this decision does not affect the company's listing on the BSE, where trading in Dhanashree Electronics shares will continue as usual. The company's management has not provided specific reasons for the delisting in their initial announcement.

As the delisting process moves forward, shareholders and potential investors should stay informed about any further announcements from the company regarding the timeline, any special resolutions, or other procedural details that may affect their holdings or investment decisions.

Dhanashree Electronics Limited, an ISO 9001:2015 certified company, is known for its lighting products under the brand name 'Rashmi Lighting'. The company's products are approved for use in various states including West Bengal and Assam, and are also available through online platforms.