₹54 a Share and All In: DC Infotech’s Promoters Back the Vision

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DC Infotech and Communication Ltd has officially converted 670,000 convertible warrants into equity shares at a price of ₹54 per share, following full receipt of the subscription amount. The move, approved by the board on June 20, 2025, marks a key capital infusion and signals promoter confidence in the company’s longterm growth.

Key Highlights:

Warrant Conversion: 6.7 lakh warrants converted into an equal number of equity shares, each with a face value of ₹10
Pricing: Conversion price set at ₹54 per share, in line with SEBI’s Issue of Capital and Disclosure Requirements (ICDR) regulations
Allotment: Shares allotted to promoters, strengthening their stake and signaling longterm commitment
Regulatory Compliance: The conversion was carried out under Section 62 and 42 of the Companies Act, 2013, and relevant SEBI norms
Capital Structure Impact: The move will expand the company’s paidup capital base and may improve liquidity in the stock
Strategic Intent: The capital raised is expected to support business expansion, working capital needs, and digital infrastructure upgrades

This development follows a series of strategic board decisions by DC Infotech, including earlier warrant conversions and fundraising proposals. With a growing footprint in IT distribution and digital solutions, the company appears to be gearing up for its next phase of growth.

Sources: Rediff Money, BSE India, Zerodha