Digikore Studios gets NSE in‑principle nod for Rs 11 crore promoter debt‑to‑equity conversion

What Digikore Studios announced

Digikore Studios Limited filed a press release with the National Stock Exchange (NSE) on 14 June 2026, informing the market that it had received in‑principle approval from the exchange for a promoter debt‑to‑equity conversion amounting to Rs 11 crore. The approval was announced in a press release dated 15 June 2026 and is subject to the satisfaction of all regulatory conditions before the conversion can be effected.

Details of the promoter debt‑to‑equity conversion

The proposed transaction involves the conversion of Rs 11 crore of debt owed by the promoters to Digikore Studios into equity shares. Under a debt‑to‑equity swap, the outstanding loan amount is extinguished and the promoters receive newly issued shares in proportion to the converted amount. While the filing does not disclose the exact number of shares to be issued, the conversion will increase the promoter’s equity stake and simultaneously reduce the company’s interest‑bearing liabilities.

Regulatory process and in‑principle approval

An in‑principle approval from NSE indicates that the exchange has preliminarily examined the proposal and found it compliant with its listing regulations. However, the conversion cannot be completed until the company obtains final clearances from the Securities and Exchange Board of India (SEBI), the Registrar of Companies, and any other statutory bodies as required. The company must also file a detailed scheme of arrangement or a special resolution with shareholders, depending on the structure chosen for the conversion.

Key facts at a glance

Why this matters for investors

The conversion directly impacts Digikore Studios’ capital structure. By swapping debt for equity, the company reduces its leverage, which can improve solvency ratios and lower interest expenses. For shareholders, the increase in promoter equity may lead to a higher concentration of ownership, potentially affecting voting dynamics. However, because the conversion involves issuing new shares, there is a possibility of dilution for existing non‑promoter shareholders, although the filing does not specify the post‑conversion share count.

Conclusion

Digikore Studios Limited has secured NSE’s in‑principle approval to convert Rs 11 crore of promoter debt into equity, a step that could strengthen its balance sheet. The transaction remains pending final regulatory approvals and the execution of requisite shareholder resolutions. Investors should monitor subsequent filings for updates on the conversion’s completion and any impact on share capital.