Unifinz Capital India Ltd has announced a preferential issue of 98.01 lakh warrants to non-promoter investors at ₹102 per warrant, totaling approximately ₹99.97 crore. The warrants are convertible into equity shares within 18 months. Shareholders will vote on the proposal at an EGM scheduled for November 11, 2026.
Unifinz Capital to Raise ₹99.97 Crore Through Preferential Warrants
Aggregate value of ₹99.97 crore through 98,01,000 warrants at ₹102 each.
Conversion into equity shares is set for a tenure of 18 months post-allotment.
Reader Takeaway: The capital infusion strengthens liquidity for growth but introduces equity dilution risk for existing shareholders upon conversion.
What just happened
Unifinz Capital India Ltd has received board approval to issue up to 98,01,000 convertible warrants on a preferential basis. These warrants will be offered to a group of non-promoter investors at an issue price of ₹102 each. The total capital raise is valued at approximately ₹99.97 crore. Each warrant grants the holder the right to subscribe for one fully paid-up equity share of face value ₹10 within an 18-month window.
Why this matters
This move provides the company with significant capital, which can be deployed to support business growth and operational requirements. The participation of several external investors suggests institutional or high-net-worth interest in the company's future plans. However, for current retail shareholders, the conversion of these warrants will increase the total equity base, resulting in dilution of earnings per share (EPS).
Investor List
The warrant allotment is proposed for the following investors:
- Kotia Enterprises Limited: 37,85,000 warrants
- Paaven Bansal: 29,40,000 warrants
- Vikas Goyal: 11,33,000 warrants
- Atika Goyal: 11,33,000 warrants
- Sonali Chatterjee: 7,35,000 warrants
- Uma Shanker Goel HUF: 50,000 warrants
- Sonal Ujlayan: 25,000 warrants
What to track next
The proposal is subject to shareholder approval at the Extraordinary General Meeting (EGM) to be held on November 11, 2026. The company has set a cut-off date of November 4, 2026, for remote e-voting eligibility. Investors should monitor the EGM outcome and subsequent filings regarding the actual allotment and payment realization from these investors.