Warranted Growth: JHS Svendgaard Issues ₹172 Million in Convertible Warrants

JHS Svendgaard Retail Ventures Limited has declared the issue of fully convertible warrants on a preferential basis to promoters. The company sanctioned the issue of 3,440,000 warrants, worth up to ₹172 million (around ₹17.2 crore), on March 5, 2025. This is a part of the company's strategic financing initiatives. The warrants are likely to be converted into equity shares, which may have an effect on the company's capital structure and shareholding pattern.

 

Source: Business Standard, Reuters via TradingView