Candour Techtex Allots 2.66 Lakh Shares on Warrant Conversion

Candour Techtex Limited has approved the allotment of 2,66,666 fully paid-up equity shares of face value ₹10 each, at an issue price of ₹125 per share. This allotment follows the conversion of convertible warrants by certain Non-Promoter Group holders. The total value of the conversion is approximately ₹3.33 Crore (2,66,666 warrants * ₹125/warrant). The company's paid-up equity share capital has increased from 2,44,11,438 shares to 2,46,78,104 shares post-allotment. The newly issued shares will rank pari-passu with existing equity shares.