Gemstone Investments Ltd

Major Stake Acquisition: Dedhia Family Acquires 13.65% in Gemstone Investments 📈

• Bhavesh Shamji Dedhia and family members acquired 2,00,00,000 shares through preferential allotment

• Represents 13.65% of total share capital and 3.70% of diluted share capital

• Acquisition completed on April 21, 2024 via warrant conversion

• Total equity share capital increased from 7,47,50,000 to 14,65,50,000 shares

• Total diluted share capital stands at 54,01,50,000 shares assuming full conversion