Mish Designs Allots 87,720 Equity Shares on Warrant Conversion

Mish Designs Ltd announced the allotment of 87,720 equity shares following the conversion of an equal number of warrants. The conversion was executed at an issue price of ₹57 per share, including a premium of ₹47. The company received the balance 75% payment, amounting to ₹37,50,030, from non-promoter/public category allottees. This allotment increases the company's paid-up equity capital from ₹3,44,61,600 to ₹3,53,38,800, with the total number of equity shares rising to 35,33,880. The newly issued shares will rank pari-passu with existing shares. Approximately 1,57,895 warrants remain outstanding for conversion.