Elegant Floriculture Allots 383,334 Equity Shares on Warrant Conversion

Elegant Floriculture & Agrotech India Ltd's board approved the allotment of 383,334 equity shares (face value ₹10 each) following the conversion of an equivalent number of fully convertible equity warrants. These warrants were part of a preferential allotment made on November 26, 2024, to non-promoter category individuals. Post-allotment, the company's paid-up equity share capital increased from ₹221,938,160 to ₹225,771,500. The remaining 3,090,000 warrants will be converted within 18 months.