Gemstone Investments Converts Warrants to 5.26 Crore Equity Shares

BANKINGFINANCE
Whalesbook Corporate News Logo
AuthorVihaan Mehta|Published at:
Gemstone Investments Converts Warrants to 5.26 Crore Equity Shares
Overview

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.

Instant Stock Alerts on WhatsApp

Used by 10,000+ active investors

1

Add Stocks

Select the stocks you want to track in real time.

2

Get Alerts on WhatsApp

Receive instant updates directly to WhatsApp.

  • Quarterly Results
  • Concall Announcements
  • New Orders & Big Deals
  • Capex Announcements
  • Bulk Deals
  • And much more

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.

Get stock alerts instantly on WhatsApp

Quarterly results, bulk deals, concall updates and major announcements delivered in real time.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.