Sampann Utpadan India Allots 23 Lakh Shares on Warrant Conversion

Sampann Utpadan India Ltd announced the allotment of 23,00,000 equity shares following the conversion of an equal number of convertible warrants. The conversion was approved by the Board of Directors on August 4, 2026. These shares were issued on a preferential basis to promoter and non-promoter shareholders at a price of ₹33.90 per share, including a premium of ₹23.90. The issuance adheres to SEBI (Issue of Capital & Disclosures Requirement) Regulations, 2018. The total amount received from this conversion is ₹5,84,77,500. This corporate action increases the company's equity share capital.