Shish Industries Allots 2434100 Equity Shares Following Warrant Exercise

Shish Industries Ltd. has allotted 2434100 equity shares following the exercise of warrants allotted on a preferential basis. The allotment was approved by the board of directors after receiving a balance amount of INR 2,19,06,726 from the warrant holders. The company's issued, subscribed, and paid-up equity share capital has increased to INR 38,19,50,500 divided into 381950500 equity shares of face value INR 1 each. The allotment is subject to the realization of consideration already paid through RTGS/NEFT. The board holds the right to withdraw the allotment if the consideration is not realized.