Gemstone Investments Converts Warrants to Equity
52,600,000 Equity Shares Allotted Post Warrant Conversion
Conversion Price ₹2.50 Per Share
Reader Takeaway: Successful warrant conversion adds shares; monitor EPS dilution impact.

Gemstone Investments Ltd has converted 5.26 crore convertible warrants into equity shares. The company received ₹9.86 crore as 75% subscription for these shares from non-promoter investors.
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52,600,000 Equity Shares Allotted Post Warrant Conversion
Conversion Price ₹2.50 Per Share
Reader Takeaway: Successful warrant conversion adds shares; monitor EPS dilution impact.