WARRANTS traded at nse/bse which can be swap for shares

Listed in August 2020 …HDFC ltd warrants traded around 565 Can be exercised for swap with share on payment of 2165 till 10 August 2023…means costing about 20% premium to HDFC price as of today .
Listed on 27 November 2020 …MOLDTECK PACK warrants at UC of 79.20 Can be exercised for swap with share on payment of 138 till 17 May 2022…( UC may not open till 150-175) .
***** These are like insurance / Option purchase which can be exercised AT THE OPTION OF INVESTOR anytime during this period.

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