Canfin homes ltd

Hi Gurjot,

I think in my limited understanding earnings growth of 47% should be called as effects of Equity Share Capital Expanding and not of Equity Dilution. Equity dilution means reduction in the proportionate holding of a shareholder as a result of company issuing additional shares to others, say for e.g. effect of conversion of warrants issued to promoters.
Canfin had issued rights and hence I think this should not be called as equity dilution

Regards.