Zota Health Care Allots 1.07 Lakh Equity Shares on Warrant Conversion
Zota Health Care Limited has approved the allotment of 1,07,556 fully paid-up equity shares, each with a face value of ₹10, at an issue price of ₹509 per share. This allotment follows the conversion o...
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Why is Zota Health Care LImited in the news today?
Zota Health Care LImited (ZOTA) is in the news due to the allotment of equity shares upon conversion of warrants signifies an increase in the company's capital base and potentially reflects investor confidence, which is a positive development.
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Zota Health Care Allots 1.07 Lakh Equity Shares on Warrant Conversion
January 2, 2026, 10:14 AM
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Zota Health Care Limited has approved the allotment of 1,07,556 fully paid-up equity shares, each with a face value of ₹10, at an issue price of ₹509 per share. This allotment follows the conversion of an equivalent number of warrants, which were issued on a preferential basis to the Non-Promoter Group.
The company received ₹4,10,59,503.00 (Rupees Four Crores Ten Lakhs Fifty Nine Thousand Five Hundred and Three) from 03 warrant holders, representing 75% of the warrant exercise money. The Board of Directors approved this allotment in their meeting held on Friday, January 02, 2026.
The newly allotted equity shares will rank pari passu with the existing equity shares of the company. Consequent to this allotment, the paid-up equity capital of Zota Health Care Limited has increased from ₹33,77,39,010 (comprising 3,37,73,901 equity shares) to ₹33,88,14,570 (comprising 3,38,81,457 equity shares).
The announcement also provides a reconciliation of outstanding warrants, showing that after this allotment, 7,51,130 warrants remain outstanding. The three investors who were allotted shares are Alka Rajesh Agrawal (44,204 shares), Prafull Rai (22,102 shares), and Rajnibhai Virchandbhai Shah (41,250 shares), all categorized under Non-Promoter.
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