Dhanashree Electronics Allots 1.61 Crore Convertible Warrants at Rs. 30 Each

2 min read     Updated on 21 Nov 2025, 03:49 PM
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Overview

Dhanashree Electronics Limited's board has approved the allotment of 1,61,41,000 convertible warrants at Rs. 30.00 each to promoter group entities and public investors. The total potential capital raise is Rs. 48.42 crore upon full conversion, with an initial payment of 25% (Rs. 12.10 crore). The warrants have a conversion period of 18 months. This move could lead to an expanded equity base, with the company's paid-up share capital potentially increasing from Rs. 14.19 crore to Rs. 47.30 crore if all warrants are converted.

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*this image is generated using AI for illustrative purposes only.

Dhanashree Electronics Limited has taken a significant step to raise capital through a preferential allotment of convertible warrants. The company's board has approved the allotment of 1,61,41,000 convertible warrants at Rs. 30.00 each to promoter group entities and public investors.

Key Details of the Allotment

Particulars Details
Total Number of Warrants 1,61,41,000
Price per Warrant Rs. 30.00
Total Potential Capital Raise Rs. 48.42 crore (upon full conversion)
Initial Payment 25% of the consideration amount (Rs. 12.10 crore)
Conversion Period Within 18 months

Implications and Potential Outcomes

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

  1. Capital Infusion: Upon full conversion, the company could raise approximately Rs. 48.42 crore, which may be used for various corporate purposes such as expansion, debt reduction, or working capital requirements.

  2. Expanded Equity Base: If all warrants are converted, the company's paid-up share capital would increase from Rs. 14.19 crore to Rs. 47.30 crore.

  3. Promoter and Public Participation: The allotment to both promoter group entities and public investors may indicate confidence in the company's future prospects and broader market interest.

  4. Dilution Effect: The conversion of warrants into equity shares would 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 may 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.

Historical Stock Returns for Dhanashree Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.05%-18.56%+2.12%+43.24%+253.22%+1,537.07%
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Dhanashree Electronics to Delist from Calcutta Stock Exchange, Retains BSE Listing

1 min read     Updated on 24 Oct 2025, 04:15 PM
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Reviewed by
Ashish TScanX News Team
Overview

Dhanashree Electronics Limited's Board of Directors has approved a proposal to voluntarily delist its equity shares from the Calcutta Stock Exchange (CSE). The decision was made on October 24, 2025, during a board meeting lasting from 1:00 p.m. to 1:25 p.m. The delisting is subject to SEBI regulations. The company will maintain its listing on BSE Ltd., ensuring continued nationwide market access. This move aims to streamline the company's listing while retaining broad market presence.

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*this image is generated using AI for illustrative purposes only.

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:

Aspect Details
Decision Voluntary delisting from Calcutta Stock Exchange
Approval Status Approved by Board of Directors
Regulatory Framework Subject to SEBI (Delisting of Equity Shares) Regulation, 2021
Continued Listing Will remain listed on BSE Ltd.
Board Meeting Date October 24, 2025
Meeting Duration 1:00 p.m. to 1:25 p.m.

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.

Historical Stock Returns for Dhanashree Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.05%-18.56%+2.12%+43.24%+253.22%+1,537.07%
Dhanashree Electronics
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