{
  "id": 10639175,
  "title": "Shivalik Rasayan Receives 3.99 Lakh Convertible Warrants From Ginnerup Capital ApS",
  "url": "https://urgent.news/2026/09/29/shivalik-rasayan-receives-3-99-lakh-convertible-warrants-from",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T07:10:13.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/shivalik-rasayan-receives-399-lakh-convertible-warrants-from-ginnerup-capital-aps"
  },
  "original_language": "en",
  "account": "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.\n\nPrior 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.\n\nBefore 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.",
  "summary": "Mumbai: Shivalik Rasayan Limited announced on September 29, 2026, that it received a disclosure from Ginnerup Capital ApS regarding the acquisition of 3,99,990 fully convertible warrants . Acquisition Details The warrants, which are convertible into an equal number of equity shares, represent 5.34% of Shivalik Rasayan's diluted paid-up share capital. The acquisition by Ginnerup Capital ApS,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}