Shivalik Rasayan Receives 3.99 Lakh Convertible Warrants From Ginnerup Capital ApS

On September 29, 2026, Shivalik Rasayan Limited disclosed that Ginnerup Capital ApS had acquired 3,99,990 fully convertible warrants. These warrants convert into an equal amount of equity shares, accounting for 5.34% of the company's diluted paid-up share capital. The acquiring entity, known as the Acquirer, completed the transaction on September 14, 2026.

Prior to this acquisition, Ginnerup Capital ApS owned 5,06,550 shares with voting rights, representing 3.22% of the total share and voting capital. After the acquisition, their holding of warrants and convertible securities totaled 3,99,990, which equates to 2.36% of the total diluted share and voting capital. The total shares with voting rights following the acquisition stood at 5,06,550, representing 3.16% of the overall share and voting capital.

Before the acquisition, Shivalik Rasayan's equity share capital was ₹7,87,51,825, broken down into 1,57,50,365 equity shares of ₹5 each. Following the acquisition, this capital increased to ₹8,01,61,825, now comprising 1,60,32,365 equity shares of ₹5 each. The total diluted share and voting capital of Shivalik Rasayan after the acquisition amounted to ₹8,49,01,775, consisting of 1,69,80,355 equity shares of ₹5 each.