Gemstone Investments Ltd — Important, 26-11-2025: Company Update

Gemstone Investments' board has approved the allotment of 19.376 crore convertible warrants on a preferential basis, priced at Rs. 2.50 each. These warrants, totaling Rs. 48.44 crore, are convertible into an equal number of equity shares with a Re. 1 face value. All allotments were made to non-promoter investors. This strategic move aims to raise fresh capital for the company, bolstering its financial health. Upon conversion, it will expand the company's equity base and potentially diversify its investor pool, supporting future growth initiatives.