Share Samadhan Limited (SSL) has taken a significant step in its capital raising efforts by allotting 3 million warrants at Rs. 78.00 per warrant. The company's Board of Directors approved this move on October 1, 2025, following shareholder approval and regulatory clearances.

Key Details of the Warrant Allotment

• Total Warrants Issued: 3,000,000
• Issue Price: Rs. 78.00 per warrant
• Conversion Ratio: Each warrant is convertible into one equity share
• Face Value of Resultant Shares: Rs. 10.00 each
• Conversion Period: Within 18 months from the date of allotment

Allottees and Their Allocations

The warrants have been allotted to a mix of promoters and other entities:

Financial Aspects

• The issue was fully subscribed, with investors paying 25% of the warrant price upfront.
• The total amount raised through this issue, if all warrants are converted, would be Rs. 234.00 crore.

Regulatory Compliance

The allotment follows a series of regulatory steps:

• Shareholder approval obtained at an Extraordinary General Meeting on April 28, 2025
• BSE in-principle approval received on September 19, 2025
• The allotment complies with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

Impact and Implications

This preferential issue could potentially lead to a significant infusion of capital for Share Samadhan Limited, providing the company with additional funds for its business operations or expansion plans. The involvement of Choice International Limited as the largest allottee suggests potential strategic interests or partnerships.

The warrant conversion, if fully exercised, would result in the issuance of 3 million new equity shares, which could impact the company's shareholding structure and potentially its stock price.

Investors and market watchers will likely keep a close eye on the company's utilization of these funds and any strategic moves that may follow this capital raising initiative.

Share Samadhan Limited (SSL), a company listed on the BSE, has resubmitted its financial results for the half-year and year ended March 31, correcting an earlier filing error. The company had inadvertently submitted a Limited Review Report instead of the required Auditor's Report for its year-end submissions.

Financial Performance

The resubmitted audited financial results reveal a decline in profitability for Share Samadhan Limited:

• Net Profit: Rs 150.10 lakhs, down from Rs 266.54 lakhs in the previous year
• Total Income from Operations: Rs 486.93 lakhs, compared to Rs 571.06 lakhs in the previous year

Balance Sheet Highlights

The company's balance sheet showed significant changes, reflecting the impact of its recent Initial Public Offering (IPO):

• Share Capital: Increased to Rs 1,227.01 lakhs from Rs 901.89 lakhs
• Cash and Cash Equivalents: Grew substantially to Rs 1,635.45 lakhs from Rs 376.02 lakhs

IPO Proceeds Utilization

Share Samadhan Limited raised Rs 2,036.48 lakhs through its IPO, of which:

• Rs 762.25 lakhs have been utilized
• Rs 1,274.23 lakhs remain unutilized

The utilized funds were primarily directed towards:

• Technology investment: Rs 150.00 lakhs
• Working capital requirements: Rs 612.25 lakhs

Management Statement

Kumar Rishi, Company Secretary of Share Samadhan Limited, stated, "We regret the oversight in our initial submission. We assure you of our commitment to comply with all regulatory requirements and ensure that such instances are avoided in the future."

Consolidated Results

On a consolidated basis, Share Samadhan Limited reported:

• Total Income: Rs 1,518.90 lakhs
• Net Profit: Rs 314.62 lakhs

Market Impact

The resubmission of financial results with the correct Auditor's Report demonstrates SSL's commitment to regulatory compliance and transparency. However, the decline in profitability may warrant attention from investors and analysts.

Share Samadhan Limited's stock performance in the coming days may reflect the market's reaction to these resubmitted financial results and the company's overall financial health.