Hemo Organic Ltd. Approves Allotment of 34 Lakh Convertible Warrants at Rs. 12.50 Each to Non-Promoter Entities

Hemo Organic Ltd. announced the outcome of its Board Meeting held on Thursday, 26th February, 2026. The Board approved the allotment of 34,00,000 (Thirty-Four Lakhs) Convertible Warrants to entities belonging to the 'Non-Promoter Category' on a preferential basis. Each warrant is priced at Rs. 12.50 (Rupees Twelve and Fifty Paisa Only), which includes a premium of Rs. 02.50 (Rupees Two and Fifty Paisa Only). The warrants can be converted into one fully paid-up Equity share of the Company having a face value of Rs. 10.00/- (Rupees Ten Only) each within 18 (Eighteen) months from the date of allotment. Post-conversion, the Paid-up Equity Share Capital of the Company will increase from Rs. 3,46,59,000/- divided into 34,65,900 Equity shares to Rs. 6,86,59,000/- divided into 68,65,900 Equity shares. The Company also announced the shifting of its Registered Office within the same city.