Chandan Healthcare Limited — Important, 03-02-2026: Disclosure of material issue
03-02-2026 | 11:44 am
03-02-2026 | 11:44 am
Chandan Healthcare's board has approved issuing 44.50 lakh fully convertible warrants at Rs 234/warrant, totaling Rs 104.13 Cr upon full conversion. These warrants are allotted to 18 investors, including promoters, signaling fresh capital infusion for the company. Additionally, an extra Rs 6 Cr bank guarantee facility from HDFC Bank was approved to enhance credit flexibility for business needs. While future equity dilution is a potential impact from warrant conversion, this move significantly boosts Chandan Healthcare's funding for growth and operational capacity. #ChandanHealthcare #Fundraising
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