Naapbooks Allots 3.73 Lakh Shares on Warrant Conversion

Naapbooks Ltd announced the allotment of 3,73,314 equity shares following the conversion of warrants. The shares were issued at a price of Rs. 61 each (including a premium of Rs. 51). A total of 3,59,675 shares were allotted to 9 promoter and promoter group allottees, and 13,639 shares to 1 public allottee, based on 25% upfront payment received. The remaining warrants, totaling 11,13,386, have lapsed as the full issue price was not paid by the due date of June 09, 2026. This allotment increases the company's paid-up equity share capital to Rs. 12.21 crore.