Containe Technologies Ltd Approves Conversion of 7,50,000 Warrants into Equity Shares

Containe Technologies Ltd has approved the conversion of 7,50,000 warrants into equity shares. The conversion was made upon receipt of an amount aggregating to Rs. 4,83,75,000/- (being 75% of the issue price of the warrant). The issued, subscribed and paid-up equity share capital of the company stands increased to Rs. 6,99,40,000/-. The new equity shares so allotted shall rank pari-passu with the existing equity shares of the company. The remaining 17,00,000 warrants are still outstanding for conversion.