Elegant Floriculture: Warrants Converted to Equity Shares

Elegant Floriculture & Agrotech India Ltd's board approved the allotment of 2,90,000 Equity Shares of face value ₹10 each, converting 2,90,000 Fully Convertible Equity Warrants. These warrants were part of a larger allotment of 57,00,000 warrants issued on November 26, 2024, to non-promoter individuals at an issue price of ₹10 each. Thakore Dashrath Kanjibhai, a Public-Non-Institutional-Resident Individual, was the allottee. The remaining 28,00,000 warrants will be converted within 18 months. Consequently, the paid-up equity share capital increased from ₹22,57,71,500 to ₹22,86,71,500.