Sakar Healthcare Limited — QIP/Rights/Pref., 27-12-2024: Conversion

Sakar Healthcare Limited has announced the allotment of 2,00,000 equity shares following the conversion of fully convertible warrants by its promoters. The conversion involved a receipt of ₹5,76,00,000, reflecting 75% of the total consideration payable. The equity shares were allotted at an issue price of ₹288 per share, raising the issued and paid-up capital to ₹19.49 crore, consisting of 2,19,49,910 equity shares. Post-allotment, the shareholding of promoters Sanjay Shah and Aarsh Shah increased to 1,00,08,543 shares (45.60%) and 14,07,500 shares (6.41%), respectively, with 3,00,000 warrants remaining for conversion by non-promoters.