Board approved receipt of 2nd tranche warrant consideration of Rs. 29.11 lakh
Ambassador Intra Holdings' board met on 23rd October, 2026 and approved the receipt of the 2nd tranche of consideration for convertible warrants issued on a preferential basis to public category allottees.
By ScoutQuest · · 2 min read
- Total 2nd tranche consideration received
- Rs. 29.11 lakh
- Warrant issue price
- Rs. 21.50/- each
- Face value and premium per warrant
- face value Rs. 10.00/- each; premium of Rs. 11.50/-
Second tranche money in for convertible warrants
Ambassador Intra Holdings informed the stock exchange that its board of directors, at a meeting held on 23rd October, 2026 between 03:30 P.M. and 04:00 P.M., considered and approved the receipt of the 2nd tranche of consideration for convertible warrants issued on a preferential basis to persons and entities in the public category.
Who paid, and how much
- Mr. Rajveer Dinesh Singh: Rs. 5,01,000/-
- Garima Venture Finance Limited: Rs. 20.1 lakh
- Mr. Arpit Singh: Rs. 4,00,000/-
- Total 2nd tranche consideration: Rs. 29.11 lakh (Rupees Twenty-Nine Lakh Eleven Thousand Only)
The warrant terms as stated
- Issue price: Rs. 21.50/- per warrant
- Face value: Rs. 10.00/- each
- Premium: Rs. 11.50/- each
- Mode: cash consideration, preferential basis, under Chapter V of the SEBI (ICDR) Regulations, 2018
What a convertible warrant means
A convertible warrant is a right to be allotted equity shares at a later date. Investors pay for the warrants in tranches, and this update records that the second instalment has come in. The money is being raised from allottees who fall in the public category rather than from promoters.
What to take away
- The board has formally approved the receipt of this tranche, so the transaction has moved one step forward.
- The disclosure names each allottee and the exact amount each has paid, which lets you see who is putting money in and how concentrated the participation is — one entity, Garima Venture Finance Limited, accounts for the largest share of this tranche.
- The price of Rs. 21.50/- per warrant is the reference point for the conversion terms stated in the update.
- The amounts are tranche payments towards warrants. The shares themselves are allotted separately, on conversion.
Also from Ambassador Intra Holdings
Board meeting on 31 October 2026 to approve September quarter unaudited standalone results
24 Oct 2026
Board allots 18 lakh convertible warrants at Rs. 21.50 each on preferential basis
19 Oct 2026
Board approves and allots 18 lakh convertible warrants at Rs. 21.50 each on preferential basis
19 Oct 2026
More numbers
- Total 2nd tranche warrant consideration receivedRs. 29,11,000/-
- Consideration from Mr. Rajveer Dinesh SinghRs. 5,01,000/-
- Consideration from Garima Venture Finance LimitedRs. 20,10,000/-
- Consideration from Mr. Arpit SinghRs. 4,00,000/-
- Warrant issue priceRs. 21.50/-
- Premium per warrantRs. 11.50/-
- Face value per warrantRs. 10.00/-
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