
Business Update7 March 2026 at 08:02 am
Shelter Pharma Converts 2,79,000 Warrants into Equity Shares
AI Summary
Shelter Pharma Ltd. has converted 2,79,000 warrants into equity shares, following the approval from the shareholders and BSE Limited. The conversion was made at an exercise price of Rs. 31.6875/- per share warrant, amounting to Rs. 88,40,812.50. This move has increased the company's paid-up equity share capital from Rs. 16,33,27,920/- to Rs. 16,61,17,920/-.
Key Highlights
- Conversion of 2,79,000 warrants into equity shares
- Exercise price of Rs. 31.6875/- per share warrant
- Increase in paid-up equity share capital from Rs. 16,33,27,920/- to Rs. 16,61,17,920/-
- Approval from shareholders and BSE Limited
SHELTERPharmaceuticals
Shelter Pharma LtdPrice Impact