Unique Concepts Builders Acquires 3% Stake in Yogi Limited Through Warrant Conversion
Unique Concepts Builders Private Limited has increased its ownership in Yogi Limited by converting convertible warrants into 9,00,000 equity shares, representing a 3% stake. The transaction occurred on September 10, 2024, with shares priced at Rs. 10 face value and Rs. 18 premium per warrant. This acquisition has expanded Yogi Limited's equity share capital from Rs. 21,90,27,090 to Rs. 30,00,00,000, a 36.97% increase. The transaction was disclosed by Vimal Kumar Bunt, a Director of Unique Concepts Builders, in compliance with SEBI regulations.

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Yogi Limited has recently seen a significant change in its ownership structure as Unique Concepts Builders Private Limited expanded its stake in the company. The transaction, which took place on September 10, 2024, involved the conversion of convertible warrants into equity shares, resulting in a 3% ownership of Yogi Limited's share capital.
Transaction Details
| Aspect | Details | 
|---|---|
| Acquiring Entity | Unique Concepts Builders Private Limited | 
| Target Company | Yogi Limited | 
| Shares Acquired | 9,00,000 equity shares | 
| Acquisition Method | Conversion of convertible warrants | 
| Face Value | Rs. 10 per share | 
| Premium | Rs. 18 per warrant | 
| Total Acquisition | 3% of Yogi Limited's share capital | 
| Allotment Date | September 10, 2024 | 
Impact on Yogi Limited's Capital Structure
The acquisition has led to a significant increase in Yogi Limited's equity share capital:
| Aspect | Before Acquisition | After Acquisition | 
|---|---|---|
| Equity Share Capital | Rs. 21,90,27,090 | Rs. 30,00,00,000 | 
This represents an increase of approximately 36.97% in Yogi Limited's equity share capital following the transaction.
Regulatory Compliance
Vimal Kumar Bunt, who serves as a Director of Unique Concepts Builders, has disclosed this transaction in accordance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares. This disclosure ensures transparency and compliance with regulatory requirements for significant changes in ownership of publicly traded companies.
The conversion of warrants into equity shares is a common method for companies to raise capital and for investors to increase their stake in a business. This transaction may indicate Unique Concepts Builders' confidence in Yogi Limited's future prospects or strategic alignment between the two entities.
Investors and market analysts may want to monitor any potential changes in Yogi Limited's business strategy or governance that could result from this increased stake by Unique Concepts Builders.
Historical Stock Returns for Yogi
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years | 
|---|---|---|---|---|---|
| +0.75% | -2.60% | +1.73% | +35.63% | +209.85% | +1,080.92% | 



































