Stellant Securities (India) Limited, a Mumbai-based company, has announced significant capital restructuring and fundraising plans. The company's Board of Directors, in a meeting held on November 14, 2025, approved a series of strategic financial moves aimed at strengthening its capital base and funding future growth initiatives.

Key Highlights of the Board's Decisions

1. Increase in Authorized Share Capital: The Board has approved raising the company's authorized share capital from Rs. 5.00 crore to Rs. 70.00 crore, subject to shareholder approval. This increase will provide Stellant Securities with greater flexibility in its capital structure.

2. Preferential Issue of Convertible Warrants to Promoters: The company plans to issue 7,05,882 warrants convertible into equity shares at Rs. 340.00 per warrant, aggregating to Rs. 23.99 crore. These warrants will be issued to the promoters of the company.

3. Preferential Issue of Equity Shares to Public Investors: Stellant Securities will issue 25,57,730 equity shares at Rs. 290.00 per share to public investors, raising Rs. 74.17 crore.

4. Total Fundraising: The combined fundraising through these preferential issues amounts to Rs. 98.17 crore.

Details of the Preferential Issues

Convertible Warrants to Promoters

Equity Shares to Public Investors

Use of Funds

The specific use of funds has not been detailed in the announcement. However, capital raises of this nature are typically aimed at strengthening the company's financial position, supporting growth initiatives, or funding expansion plans.

Shareholder Approval and Next Steps

The company has scheduled an Extraordinary General Meeting (EGM) on December 10, 2025, to seek shareholder approval for these proposals. The Board has appointed Ms. Vineeta Piyush Patel, a Practicing Company Secretary, to act as the scrutinizer for the e-voting process at the EGM.

Note: This article is based on the official announcement made by Stellant Securities (India) Limited on November 14, 2025. Investors are advised to review the complete details of the preferential issue and consult financial advisors before making investment decisions.

Stellant Securities (India) Limited , a company listed on the BSE, has reported a significant change in its promoter shareholding. According to a recent disclosure made under SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011, Subhash Phootarmal Rathod, a promoter of the company, has increased his stake in the firm through open market transactions.

Key Details of the Transaction

• Acquisition Date: August 18, 2025
• Shares Acquired: 22,359
• Mode of Acquisition: Open market

Impact on Shareholding

The transaction has resulted in a notable increase in Rathod's ownership of Stellant Securities. His shareholding has risen from 462,183 shares to 484,542 shares, effectively increasing his stake in the company from 62.40% to 65.44% of the total voting capital.

Company Overview

Stellant Securities (India) Limited has a total of 740,480 equity shares, each with a face value of Rs. 10. The company is listed on the BSE Limited.

Regulatory Compliance

The disclosure of this transaction was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any change in their shareholding that exceeds certain thresholds.

Promoter Group Details

The LODR data also mentions other members of the promoter group, including Mangala S. Rathod, who are considered persons acting in concert (PAC) with Subhash P. Rathod.

This acquisition by a promoter could be seen as a sign of confidence in the company's prospects. However, investors should conduct their own research and consider various factors before making investment decisions based on promoter actions.