A warrant is a financial instrument issued by a company that gives the holder the right—but not the obligation—to purchase the company's shares at a specific price (the exercise price) before a set expiry date. Warrants are similar to call options but are issued directly by the company itself, and when exercised, the company issues new shares to the warrant holder. This dilutes existing shareholders. In India, warrants are commonly issued by listed companies as part of preferential allotment deals or promoter equity infusion plans, and their outstanding quantity is disclosed in shareholding pattern filings with SEBI.
For android only
