Ind-Swift Labs Revises Preferential Issue Price to ₹196

Ind-Swift Laboratories Limited has announced a revision to the Explanatory Statement concerning its Preferential Issue. Following a revised valuation report, the company's Preferential Issue Committee has taken note of changes impacting the issue price of Warrants. The relevant date for determining the floor price was July 6, 2026. The minimum issue price, calculated based on SEBI ICDR Regulations, was determined to be ₹195.98 per warrant. A valuation report from Corporate Professionals Valuation Services Private Limited suggested a price of ₹189.46. Ultimately, the Board has decided to issue the Warrants at ₹196 each, which is higher than both the regulatory minimum and the valuation report price.