Borosil Renewables Allots 3.09 Lakh Shares on Warrant Conversion

Borosil Renewables Limited has announced the allotment of 3,09,057 equity shares of face value Re. 1 each, fully paid-up, upon conversion of warrants. These warrants were initially allotted on a preferential basis to non-promoter category individuals and entities. The conversion follows the receipt of conversion notices and the balance payment from warrant holders. This allotment increases the company's paid-up equity share capital to ₹14,05,92,240, comprising 14,05,92,240 equity shares. The newly allotted shares will rank pari-passu with existing equity shares.