Warrant allotment premium corrected to ₹561 per warrant from ₹551
Krsnaa Diagnostics has corrected one figure in its October 13, 2026 intimation on the allotment of fully convertible warrants on a preferential basis.
By ScoutQuest · · 1 min read
- Corrected premium per warrant
- ₹561 per warrant
- Earlier (incorrect) premium per warrant
- ₹551 per warrant
- Original intimation date
- October 13, 2026
Correction to an earlier warrant allotment disclosure
- The company had informed the exchanges on October 13, 2026 about the allotment of fully convertible warrants on a preferential basis.
- In that intimation, the premium at which the warrants were allotted was inadvertently mentioned as ₹551 per warrant.
- The company now says this should be read as ₹561 per warrant.
What changed
The only change is the premium figure per warrant, which is ₹10 higher than what was first stated. The company has described the error as purely typographical and inadvertent, and has expressed regret for it. All other details in the October 13, 2026 intimation remain unchanged.
What a warrant is, in simple terms
A warrant is a right given to an investor to buy a share of the company later, at a price fixed now. The update refers to the amount per warrant as the "premium" at which the warrants were allotted. Because the warrants are fully convertible, they can be converted into equity shares.
How to read this
- This is a correction of a figure already put out, not new information about the warrant allotment itself.
- The corrected premium is higher than the figure first disclosed, meaning the warrants were allotted at a higher amount per warrant than the earlier intimation indicated.
- The announcement does not change the fact of the allotment; it only fixes the premium figure.
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More numbers
- Premium per warrant as originally stated₹551 per warrant
- Corrected premium per warrant₹561 per warrant
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