Jattashankar Industries Approves 30 Lakh Convertible Warrants

Jattashankar Industries Ltd held a Board of Directors meeting on June 23, 2026, approving the allotment of 30,00,000 Convertible Warrants. These warrants, issued at ₹92 each, entitle holders to convert them into equity shares of face value ₹10 within 18 months. The allotment is on a preferential basis to promoter and non-promoter categories. The total issue price for these warrants amounts to ₹6,90,00,000, with 25% consideration received upfront. This move is in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.