Rollatainers allots Rs 50 crore warrants to 14 investors

Rollatainers Limited allotted 22.42 crore convertible warrants to 14 investors at Rs 2.23 each, creating a preferential issue of up to Rs 50 crore. Rollatainers received Rs 12.50 crore, or 25% of the consideration, before the October 30, 2026 allotment, while conversion requires payment of the remaining 75% within 18 months.

What did Rollatainers allot on October 30, 2026?

Rollatainers allotted 22.42 crore equity convertible warrants through a preferential allotment on a private-placement basis on October 30, 2026. Each warrant has a face value of Rs 1 and an issue price of Rs 2.23, comprising Rs 1 face value and a Rs 1.23 premium. The board meeting began at 5:30 pm and concluded at 7:15 pm.

The warrants represent an issue of up to Rs 50 crore at the stated price of Rs 2.23 per warrant. Rollatainers said the issue follows Chapter V of the Securities and Exchange Board of India, or SEBI, Issue of Capital and Disclosure Requirements Regulations, 2018. The disclosure identifies 14 allottees across proposed promoter-group and non-promoter categories.

Rollatainers received the Rs 12.50 crore subscription amount from the allottees before the board made the allotment. The Rs 37.50 crore balance becomes payable only if holders exercise their conversion rights. The Rs 50 crore figure is therefore the consideration under full conversion, while Rs 12.50 crore had been received at allotment.

How do Rollatainers warrants convert into shares?

Each Rollatainers warrant can convert into one fully paid equity share of face value Rs 1 after the holder pays the remaining 75% of the Rs 2.23 issue price. Holders may exercise their rights in one or more tranches from the allotment date until the end of an 18-month period. The filing does not set a single conversion date.

Rollatainers reported no change in paid-up share capital on October 30, 2026 because it allotted warrants rather than equity shares. Paid-up capital would change only when warrants are exercised and equity shares are allotted. The filing's post-issue shareholding figures consequently assume conversion of all 22.42 crore warrants.

Any warrant not exercised within 18 months will lapse, according to the disclosed terms. Rollatainers said the subscription amount paid for an unexercised warrant will be forfeited. This makes the Rs 12.50 crore upfront payment different from the Rs 37.50 crore conversion balance, which is payable only when a holder exercises a warrant.

Who received Rollatainers warrants and what stakes could result?

Birbal Advisory Private Limited received the largest Rollatainers allotment, at 7.26 crore warrants. The filing shows Birbal Advisory with an 11.93% shareholding on a fully diluted basis if all warrants convert. Mahakram Developers Private Limited received 4.48 crore warrants and has a stated potential holding of 7.36% on the same basis.

The three proposed promoter-group entities received 7.17 crore warrants in aggregate. Adritah Autoparts Private Limited and Excel Hosiery Private Limited each received 2.47 crore warrants, corresponding to 4.05% each on a fully diluted basis, while MGR Investment Private Limited received 2.24 crore warrants, corresponding to 3.68%.

Among other non-promoter allottees, Chetan Singla received 1.75 crore warrants and Quintelux Essentials Private Limited received 1 crore warrants. Their stated fully diluted holdings are 2.87% and 1.64%, respectively. Suvi Rubber Private Limited received 25 lakh warrants, with a stated potential holding of 0.41% after conversion.

Nisha Gaushal, Vivek Kumar Bhat, Shivang Garg and Nital Nishith Shah each received 10 lakh warrants, with potential 0.16% holdings. Dhiraj Mehta and Kiran Khera each received 5 lakh warrants and are shown at 0.08% each. The filing shows dashes for every allottee's pre-issue shareholding and describes all post-issue figures as fully diluted assumptions.

What changes for Rollatainers after the warrant allotment?

The Rollatainers allotment creates the potential for 22.42 crore new equity shares, one for each warrant, but no equity shares were issued at the October 30, 2026 allotment stage. The disclosed post-preferential holdings are conditional because they assume full conversion and payment of the Rs 37.50 crore balance.

The disclosed fully diluted stakes range from 0.08% each for Dhiraj Mehta and Kiran Khera to 11.93% for Birbal Advisory. The three proposed promoter-group recipients would together represent 11.78% using the stated individual percentages, compared with 19.29% for Birbal Advisory and Mahakram Developers combined. Both comparisons depend on conversion within the 18-month exercise period.

Separately, the board approved a proposed change of name from Rollatainers to Amaxis Global Limited, subject to shareholder, Ministry of Corporate Affairs and stock-exchange approvals. It also approved a proposed registered-office shift from Dharuhera, Rewari to Manesar, Gurgaon, subject to shareholder and regulatory approvals. Neither proposal had taken effect in the October 30 filing.

Conclusion

Rollatainers completed the warrant-allotment stage of a Rs 50 crore preferential issue, receiving Rs 12.50 crore from 14 investors while leaving Rs 37.50 crore contingent on exercise. The transaction does not immediately change paid-up share capital, but full conversion would result in 22.42 crore new equity shares and give Birbal Advisory a stated 11.93% fully diluted holding.

The next disclosed milestone is the 18-month exercise period from the warrant allotment date, during which holders may convert in one or more tranches. Warrants not exercised by the deadline will lapse and their subscription amounts will be forfeited; separately, the proposed name change and registered-office shift await shareholder and regulatory approvals.