Diana Tea Allots 40.74 Lakh Warrants At Rs 27 To Promoters

Preferential Issue Committee on 4 Nov 2026 allotted 40,74,075 convertible warrants at Rs27 each to 5 promoter group allottees, 25% received; each converts to 1 share within 18 months. First warrant issue closes promoter infusion after shareholder nod; brings upfront cash with balance on conversion, reinforcing control in levered, cash-tight grower reliant on family funding. No equity dilution yet; full dilution only on conversion within 18 months else forfeiture; balance 75% and use of proceeds undisclosed; relief depends on conversion pace.