SC Agrotech Limited Allots 2.18 Crore Equity Shares Through Warrant Conversion on December 29, 2025

2 min read     Updated on 29 Dec 2025, 07:29 PM
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Reviewed by
Radhika SScanX News Team
Overview

SC Agrotech Limited completed a major equity allotment on December 29, 2025, converting 2,18,30,000 fully convertible warrants into equity shares at ₹16.00 per warrant. The allotment to six non-promoter investors increased the company's paid-up capital from ₹5.99 crores to ₹27.82 crores, representing 31.19% utilization of the total 7,00,00,000 warrant pool issued on December 03, 2025.

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

SC Agrotech Limited Board of Directors approved a significant equity allotment through warrant conversion during their meeting held on December 29, 2025. The board meeting, which commenced at 06:45 PM and concluded at 07:15 PM, resulted in the allotment of 2,18,30,000 equity shares to six non-promoter investors.

Warrant Conversion Details

The allotment involves the conversion of 2,18,30,000 fully convertible equity warrants from a total pool of 7,00,00,000 warrants. Each equity share carries a face value of ₹10.00 and was issued at a price of ₹16.00 per warrant through preferential allotment. The warrants were originally issued and allotted on December 03, 2025.

Parameter: Details
Total Warrants Converted: 2,18,30,000
Total Warrant Pool: 7,00,00,000
Face Value per Share: ₹10.00
Issue Price per Warrant: ₹16.00
Conversion Percentage: 31.19%

Allottee Distribution

The equity shares were distributed among six non-promoter category investors as follows:

Sr. No. Name of Allottee Category Shares Allotted
1 Parmar Sureshbhai Makansinh Non-Promoter 36,50,000
2 Rathod Rohitkumar Munnabhai Non-Promoter 36,15,000
3 Ajitkumar Lallubhai Parmar Non-Promoter 37,25,000
4 Pravinbhai Bharatbhai Gohil Non-Promoter 37,30,000
5 Solanki Kamlesh Ganpatbhai Non-Promoter 37,10,000
6 Arifkhan Akbarkhan Makrani Non-Promoter 34,00,000
Total 2,18,30,000

Capital Structure Impact

The warrant conversion has resulted in a significant transformation of SC Agrotech Limited's capital structure. The company's paid-up equity share capital has increased substantially to accommodate the new equity issuance.

Parameter: Before Allotment After Allotment
Paid-up Capital: ₹5,99,50,000 ₹27,82,50,000
Number of Shares: 59,95,000 2,78,25,000
Face Value per Share: ₹10.00 ₹10.00

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting was formally documented and approved by Managing Director Pratikkumar Bharatbhai Patel (DIN: 11211517), with the outcome communicated to BSE Limited under scrip code 526081.

This equity allotment represents a significant capital raising exercise for SC Agrotech Limited, with the conversion utilizing approximately 31.19% of the total warrants issued. The remaining warrants provide potential for further capital expansion in the future, subject to conversion by the warrant holders.

Historical Stock Returns for SC Agrotech

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+27.53%+100.24%+116.31%+104.24%+3,816.28%
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SC Agrotech Limited Reports Turnaround with Rs 1.96 Lacs Net Profit in Q1

2 min read     Updated on 15 Aug 2025, 12:05 AM
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Reviewed by
Shriram SScanX News Team
Overview

SC Agrotech Limited reported a significant financial turnaround for Q1 ended June 30. Revenue from operations reached Rs 213.53 lacs, up from zero in the previous quarter and year-ago period. The company posted a net profit of Rs 1.96 lacs, compared to a loss of Rs 75.35 lacs in the preceding quarter. Total expenses were Rs 210.88 lacs, with stock-in-trade purchases at Rs 208.48 lacs. The company's paid-up equity share capital remained at Rs 599.50 lacs. Earnings per share stood at Rs 0.03. Statutory auditors issued an unmodified opinion on the results.

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

SC Agrotech Limited, a company listed on the Bombay Stock Exchange, has reported a significant turnaround in its financial performance for the first quarter. The company's Board of Directors approved the unaudited standalone financial results for the quarter ended June 30, revealing a notable improvement in both revenue and profitability.

Revenue Surge

SC Agrotech Limited reported a substantial increase in revenue from operations, which stood at Rs 213.53 lacs for the quarter. This marks a significant improvement compared to zero revenue in both the previous quarter and the same quarter of the previous year.

Profitability Improvement

The company's net profit for the quarter was Rs 1.96 lacs, showcasing a remarkable turnaround from a loss of Rs 75.35 lacs in the preceding quarter. This positive shift in profitability is particularly noteworthy given the challenging economic environment.

Operational Highlights

The total expenses for the quarter were Rs 210.88 lacs, primarily driven by purchases of stock-in-trade amounting to Rs 208.48 lacs. Employee benefits expenses were reported at Rs 2.40 lacs.

Financial Position

SC Agrotech Limited's paid-up equity share capital remained stable at Rs 599.50 lacs, with a face value of Rs 10 per share. The company reported basic and diluted earnings per share of Rs 0.03 for the quarter.

Auditor's Review

The financial results were subject to a limited review by the company's statutory auditors, MARKS & CO., who issued an unmodified opinion. This indicates that the auditors found no significant issues or discrepancies in the financial statements.

Management Commentary

Dinesh Kacharaji Mochi, Managing Director of SC Agrotech Limited, signed off on the financial results. The company's board meeting to approve these results was held on August 14, commencing at 9:00 PM and concluding at 10:00 PM.

Outlook

While the company has shown a positive turnaround in this quarter, it's important to note that these are standalone results for a single quarter. Investors and stakeholders will likely be watching closely to see if this improved performance can be sustained in the coming quarters.

SC Agrotech Limited's ability to generate revenue and return to profitability after previous periods of no revenue and losses is a positive sign. However, the company's future performance will depend on various factors, including market conditions, operational efficiency, and its ability to maintain and grow its revenue streams.

The company's financial statements have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with the requirements of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Historical Stock Returns for SC Agrotech

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+27.53%+100.24%+116.31%+104.24%+3,816.28%
SC Agrotech
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