JKB Financial Services Ltd.

As on : 28-Sep-2026

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28-Sep-2026 11:11

Speciality Restaurants Limited clarified it holds Rs 14.51 crore forfeited from convertible warrants

Speciality Restaurants Ltd. is down 1.15% to Rs 151.0 today, after recently rising and inching up 4.86% over the last one week.

Speciality Restaurants Limited clarified that it is not named as an accused in a provisional attachment order (PAO) related to an investigation concerning certain investors and warrant allottees, following a disclosure dated September 26, 2026. The company, acting as a noticee, holds Rs 14,50,09,700, representing a 25% upfront amount received for convertible warrants that was subsequently forfeited due to non-payment by the allottees, which is now provisionally attached by the Directorate of Enforcement for 180 days; the company states this action has no immediate operational impact as the funds were already earmarked and not in active business use, and it will continue to cooperate with the authorities.

Trading volume reached 2585 shares today, a decrease of 89.26% compared to the one-week average volume. Speciality Restaurants Ltd. increased by 19.05% year-over-year, outperforming the 7.03% loss registered by the NIFTY50 index.

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