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Deep Polymers Board Proposes 32 Lakh Preferential Warrants Worth ₹3.2 Crore


10 October 2026
Deep Polymers Ltd.

Board proposed preferential issue of 32L equity warrants of Rs10 face (Rs3.2Cr) to 14 promoter/public investors, 1:1 conversion within 18 months; price per SEBI ICDR, subject to EGM/regulatory nod. Repeat preferential route; promoter family takes 12L warrants alongside 12 outsiders, extending promoter-funded setup; final proceeds and dilution hinge on ICDR price yet to be fixed. Price, use of proceeds, dilution and EGM date undisclosed; conversion in tranches over 18 months on full payment; needs shareholder/regulatory nod; no results update attached.


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