Pune E - Stock Broking Converts 9.39 Lakh Warrants to Equity

Pune E - Stock Broking Ltd announced the conversion of 9,39,000 warrants into an equal number of equity shares. These warrants were initially allotted on a preferential basis to promoter and non-promoter group categories on September 17, 2025. The conversion was approved by the Board of Directors upon receipt of the balance consideration of ₹16,05,69,000, representing 75% of the issue price per warrant. The issue price was ₹171 per share, with a premium of ₹161. This conversion increases the company's issued, subscribed, and paid-up equity share capital to ₹17,55,08,580, comprising 1,75,50,858 equity shares of ₹10 each. The newly allotted shares will rank pari-passu with existing shares.