Photon Capital Advisors Ltd

Photon Capital Raises ₹19.6 Crore via Equity & Convertible Warrants 📈

• Raised ₹13.88 crore via allotment of 1,207,000 equity shares at ₹115 per share

• Raised ₹5.72 crore initial payment via 1,990,000 convertible warrants at ₹115 each

• Total funds raised: ₹19.60 crore

• Warrants convertible between June 30, 2026 and within 18 months of allotment

• 9 investors received equity shares

• Sreeram Reddy Vanga received 485,000 shares (17.83% post-issue stake)

• 8 investors received convertible warrants

• Sreeram Reddy Vanga received 990,000 warrants

• Post-issue fully diluted shareholding: 67.87% for allottees

• Sreeram Reddy Vanga's post-issue stake: 31.31%