Shivalik Rasayan Allots Equity Shares and Warrants Worth ₹30.75 Cr

Shivalik Rasayan Limited's Board of Directors has approved the allotment of 2,82,000 equity shares and 9,47,990 fully convertible warrants. The equity shares were issued at Rs. 250 each, raising Rs. 7.05 crore, primarily to the 'Public' category. Additionally, 9,47,990 warrants were allotted at Rs. 250 each, raising Rs. 23.70 crore, to 'Promoter & Promoter Group' and 'Public' categories. This preferential allotment increases the company's paid-up equity share capital and will impact its fully diluted equity share capital upon warrant conversion.