Affle 3i Allots 7.4M Warrants to Promoter, Boosts Stake to 43.6%

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AuthorKavya Nair|Published at:
Affle 3i Allots 7.4M Warrants to Promoter, Boosts Stake to 43.6%

Affle 3i Limited issued 7.4 million convertible warrants to its promoter, Affle Holdings Pte. Ltd. This will increase the promoter's diluted shareholding to 43.60%. The company's diluted share capital will rise to Rs 29.64 crore upon full conversion.

Affle 3i Limited Allots 7.4 Million Warrants to Promoter

Affle 3i Limited has completed the preferential allotment of 7,400,000 convertible warrants to its promoter, Affle Holdings Pte. Ltd., effective June 18, 2026. These warrants are pending credit to the promoter's demat account.

This issuance is a part of the company's capital management strategy and is expected to increase the promoter's potential voting rights and overall stake in the company on a fully diluted basis.

Reader Takeaway: Promoter stake increases via warrants; promoter shares remain encumbered.

What just happened

Affle 3i Limited finalized a preferential allotment of 7.4 million convertible warrants to its promoter, Affle Holdings Pte. Ltd. The allotment was dated June 18, 2026, with the warrants pending credit to the promoter's demat account.

Why this matters

The allotment directly impacts the company's capital structure and promoter shareholding. Upon full conversion of these warrants, the promoter's effective ownership stake is set to rise. This move strengthens the promoter's position in the company's diluted share capital.

The backstory

Before this allotment, the promoter's shareholding was 40.64%. The company's existing equity share capital stands at Rs 28.16 crore. A significant portion of the promoter's stake is currently encumbered due to a facility agreement.

What changes now

Post-allotment and assuming full conversion of warrants, the promoter's shareholding will increase to 43.60%. The total diluted share capital of Affle 3i Limited will grow from Rs 28.16 crore to Rs 29.64 crore. The equity share capital remains unchanged at Rs 28.16 crore.

Risks to watch

Investors should be aware that the entire promoter stake of 57,215,465 shares is currently encumbered. This encumbrance is linked to a facility agreement dated June 5, 2026, involving AGPL Pte. Ltd. as the borrower and Affle Holdings Pte. Ltd. as the guarantor, with Axis Trustee Services Limited as the trustee. This arrangement places specific obligations on the promoter's shares.

Context metrics (time-bound)

  • Equity Share Capital: Rs 28.16 crore (281,592,768 shares)
  • Total Diluted Share Capital (Post-Warrant Conversion): Rs 29.64 crore (296,392,768 shares)
  • Promoter Shareholding (Pre-Warrants): 40.64%
  • Promoter Shareholding (Post-Warrants, Diluted): 43.60%
  • Warrants Allotted: 7,400,000 convertible warrants
  • Allotment Date: June 18, 2026
  • Facility Agreement Date: June 5, 2026
  • Encumbered Promoter Shares: 57,215,465 shares
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