What happened
FactKrsnaa Diagnostics allotted 16,21,000 fully convertible warrants on a preferential basis to promoter Rajendra Mutha and promoter-group entity Krsna Diagnostics (Mumbai) Private Limited. The company received 25% of the warrant issue price, amounting to ₹22,93,71,500; each warrant can convert into one equity share within 18 months, subject to payment of the remaining 75%.
16,21,000Warrants allotted
Preferential warrant allotment
₹566 per warrantWarrant issue price
Total subscription and exercise price per warrant
₹22,93,71,500Upfront amount received
25% of the warrant issue price received from allottees
75,000 warrants; ₹1,06,12,500 receivedRajendra Mutha allotment
Promoter allotment and 25% subscription amount
15,46,000 warrants; ₹21,87,59,000 receivedKrsna Diagnostics (Mumbai) Private Limited allotment
Promoter-group allotment and 25% subscription amount
Within 18 months from October 13, 2026Conversion period
Maximum period for exercising the warrants
One fully paid-up equity share per warrantResultant equity shares
Conversion entitlement at ₹566 per share, including ₹551 premium