Shri Gang Industries Allots 2.69 Lakh Shares on Warrant Conversion

Shri Gang Industries and Allied Products Limited announced the allotment of 2,69,360 equity shares following the conversion of an equal number of fully convertible warrants. The warrants were initially allotted on November 11, 2025, at an issue price of ₹99 each, aggregating ₹2,66,66,640. The allotment was made to Varun Gupta, who belongs to the Promoter & Promoter Group category, on a private placement basis. This conversion has increased the company's paid-up equity share capital to ₹21,50,84,150, comprising 2,15,08,415 equity shares of ₹10 face value each.