Pune e-stock broking Limited has announced the conversion of 1,00,000 convertible equity warrants into an equal number of equity shares under Regulation 30 of SEBI (LODR) Regulations, 2015. The conversion marks a significant milestone in the company's capital structure enhancement.

Warrant Conversion Details

The conversion involves warrants that were originally part of 20,00,000 convertible equity warrants allotted on a preferential basis on September 17, 2025, in accordance with SEBI (ICDR) Regulations, 2018. The Board of Directors approved the allotment of 1,00,000 equity shares with a face value of ₹10 each at an issue price of ₹171 per share, including a premium of ₹161 per share.

Allottee Information

The conversion was executed by Malik Radix Healthcare Private Limited, classified under the non-promoter group category. The company received the balance consideration of ₹1,28,25,000, representing 75% of the issue price per warrant, following the exercise of conversion rights.

Impact on Share Capital

Following the warrant conversion, the company's issued, subscribed, and paid-up equity share capital has increased substantially. The newly allotted equity shares will rank pari-passu in all respects with existing equity shares of the company.

Regulatory Compliance

The conversion process adheres to SEBI regulations, with the company providing comprehensive disclosure under Regulation 30 read with Regulation 51 of SEBI (LODR) Regulations, 2015. The preferential allotment was conducted on a private placement basis, with the payment structure involving 25% at warrant subscription and 75% at conversion exercise.

The Board meeting to approve this conversion commenced at 12:00 PM and concluded at 12:30 PM on January 20, 2026. This strategic move demonstrates the company's commitment to strengthening its capital base while maintaining regulatory compliance and transparency with stakeholders.

Pune e-Stock Broking , a prominent player in the equity, currency, and commodity broking sector, has reported a significant decline in its standalone net profit for the half-year ended September 30, 2025. The company's financial results, released on November 4, 2025, reveal a mixed performance across various financial metrics.

Key Financial Highlights

Profit and Revenue

Pune e-Stock Broking's standalone net profit for the half-year ended September 30, 2025, stood at ₹59.34 crore, marking a substantial 59.7% decrease from ₹147.22 crore reported in the same period last year. This decline was primarily driven by a significant reduction in revenue from operations, which fell by 36.8% to ₹248.73 crore from ₹393.28 crore in the corresponding period.

Expenses and Operational Efficiency

Despite the revenue contraction, the company's total expenses increased by 17.8% to ₹172.34 crore, up from ₹146.33 crore in the previous year. This rise in expenses, coupled with the decline in revenue, contributed to the sharp drop in profitability.

Earnings Per Share

The basic earnings per share (EPS) for the half-year decreased to ₹5.97 from ₹6.68 in the same period last year, reflecting a 10.6% decline.

Consolidated Performance

On a consolidated basis, Pune e-Stock Broking reported a net profit of ₹302.11 crore, compared to ₹329.04 crore in the previous year, indicating a relatively smaller decline of 8.2% at the group level.

Strategic Developments

The company announced two significant developments during the period:

1. Merchant Banking Approval: In September 2025, Pune e-Stock Broking received approval from the Securities and Exchange Board of India (SEBI) for merchant banking activities.

2. AIF Operations: The company has also commenced operations in the Alternative Investment Fund (AIF) segment.

These strategic initiatives are expected to diversify the company's revenue streams and potentially offset some of the challenges faced in its core broking business.

Management Commentary

While the company's financial results show a challenging half-year, the management's focus on expanding into new business segments like merchant banking and AIF operations suggests a proactive approach to navigating the current market conditions. These initiatives may help in creating new growth avenues for the company in the coming quarters.

Investors and market observers will be keenly watching how these new business lines contribute to the company's overall performance and whether they can help in reversing the current trend of declining profits and revenues.

As the financial services sector continues to evolve, Pune e-Stock Broking's ability to adapt to changing market dynamics and capitalize on new opportunities will be crucial for its future growth and profitability.