Modulex Construction Converts 7,200 Warrants to Equity Shares

Modulex Construction Technologies Ltd announced the conversion of 7,200 convertible warrants into 7,200 equity shares. The conversion was approved by the Board of Directors via circular resolution on June 30, 2026. Each warrant, with a face value of ₹10, was converted at a price of ₹18 per share, resulting in an allotment of equity shares to non-promoters. The total amount received for this conversion was ₹97,200, representing 75% of the issue price per warrant. This action aligns with SEBI ICDR Regulations and the Companies Act, 2013.