Murtuza Mewawala Acquires Stake in Expo Engineering via Warrant Conversion

Murtuza S. Mewawala, a promoter of Expo Engineering And Projects Ltd, has acquired a significant stake in the company through the conversion of warrants into equity shares. This transaction, disclosed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, involved the conversion of 13,32,856 warrants into equity shares. Prior to this acquisition, Mewawala held 25,82,621 shares. The acquisition was made on a preferential basis. The total equity share capital of the company before the acquisition was 31,45,715 shares.