Mehai Technology Ltd

📈 Mehai Technology Ltd. Completes Major Warrant Conversion, Adds 80.41M Shares

• On April 27, 2026, Mehai Technology Ltd. converted 80,410,000 warrants into equity shares.

• Total consideration received was ₹211,076,250, representing 75% of the issue price per warrant.

• Issue price per warrant was ₹3.5 (₹1 face value + ₹2.5 premium).

• Paid-up equity share capital increased to ₹829,030,000, comprising 829,030,000 equity shares.

• Dynamic Services & Security Limited (promoter) converted 70,000,000 warrants; 13 non-promoter entities converted 10,410,000 warrants.

• Remaining warrants: 230,000,000 from Dynamic Services & Security Limited and 956,000,000 from non-promoters.

• New shares rank equally (pari-passu) with existing shares.

• Previous stock split on March 14, 2025, converted each ₹10 face value share into 10 shares of ₹1 each, affecting warrant pricing.