Telogica Limited: Major Shareholding Changes Following Warrant Conversions

Telogica Limited has reported significant changes in its shareholding structure due to multiple warrant conversions by non-promoter shareholders. These conversions have led to an increase in the company's equity share capital and altered the ownership percentages of key stakeholders.

Key Shareholding Changes

Shareholder	Action	New Holding	% of Total Share Capital
Logiclinx Corporation	Warrant Conversion	N/A	15.31%
Devineni Venkateswarao	First Warrant Conversion	5,00,000 shares	4.68%
Devineni Venkateswarao	Second Warrant Conversion	Additional 25,00,000 shares	7.93%

Warrant Conversion Details

Logiclinx Corporation

Converted warrants to increase its stake to 15.31% of the total share capital.

Devineni Venkateswarao

First conversion: Acquired 5,00,000 shares on November 1, 2025, increasing stake to 4.68%.
Second conversion: Converted an additional 25,00,000 warrants on November 4, 2025, bringing total holding to 7.93%.

Impact on Equity Share Capital

Metric	Before Conversion	After Conversion
Total Shares	5,24,76,076	6,53,23,032

The equity share capital of Telogica Limited has increased by 1,28,46,956 shares following these warrant conversions.

Transaction Method

All transactions were conducted through preferential allotment via warrant conversion to equity shares.

These shareholding changes demonstrate significant interest from non-promoter shareholders in increasing their stakes in Telogica Limited. The conversions have resulted in a substantial increase in the company's equity share capital, potentially impacting its ownership structure and future decision-making processes.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.95%	+21.36%	+25.37%	+49.53%	-35.64%	+99.31%

Telogica Limited has announced a corporate action involving the conversion of convertible warrants into equity shares, reshaping its ownership structure and increasing its paid-up equity share capital.

Warrant Conversion Details

Telogica Limited's Board of Directors has approved the conversion of 81,46,956 convertible warrants into equity shares. The key details of this conversion are as follows:

Issue price: Rs 8.00 per share (including a premium of Rs 3.00 per share)
Total funds raised: Rs 6.51 crores
Number of allottees: 3

Allotment Breakdown

The warrants were converted by three key investors:

Investor	Shares Allotted
Logiclinx Corporation	42.97 lakh
Mandava Srinivasa Rao	13.50 lakh
Devineni Venkateswar Rao	25.00 lakh

Impact on Share Capital

Following this allotment, Telogica's paid-up equity share capital has undergone changes:

Previous share capital: 5.72 crore shares
New share capital: 6.53 crore shares
Total value: Rs 32.66 crores

Post-Conversion Shareholdings

The warrant conversion has resulted in changes to the shareholding percentages of the involved parties:

Shareholder	Shareholding Percentage
Logiclinx Corporation	15.31%
Mandava Srinivasa Rao	17.51%
Devineni Venkateswar Rao	7.93%

Background on Warrant Allotment

The warrants were originally allotted in May 2024, with warrant holders given an 18-month window to convert them by paying the remaining balance.

Implications

This warrant conversion represents a significant corporate action for Telogica Limited, potentially impacting the company's governance and strategic direction. The increase in equity share capital may provide the company with additional resources, while the changes in ownership percentages could influence future decision-making processes.

Investors and market watchers should note that all converted equity shares rank equally with existing company shares, maintaining a level playing field for all shareholders.