Jattashankar Industries Approves 14.25 Lakh Convertible Warrants

Jattashankar Industries Ltd held a Board of Directors meeting on June 24, 2026, where they approved the allotment of 14,25,000 convertible warrants to non-promoter category entities on a preferential basis. Each warrant is convertible into one equity share of face value Rs. 10, at an issue price of Rs. 92 per warrant. The warrants are exercisable within 18 months, with 25% of the issue price paid upfront and the remaining 75% due before conversion. This move is in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and aims to raise capital through equity dilution.