Pune E - Stock Broking Converts 7.61 Lakh Warrants to Equity

Pune E - Stock Broking Ltd has announced the conversion of 7,61,000 warrants into an equal number of equity shares. This conversion follows the preferential allotment of 20,00,000 warrants on September 17, 2025. The company's Board of Directors approved the allotment of 7,61,000 equity shares at an issue price of ₹171 per share (including a premium of ₹161). The conversion was effected upon receipt of the balance consideration of ₹9,75,98,250, representing 75% of the issue price per warrant. This issuance increases the company's issued, subscribed, and paid-up equity share capital to ₹16,61,18,580, comprising 1,66,11,858 equity shares of ₹10 each. The newly allotted shares will rank pari-passu with existing shares.