Suditi Industries Allots 48 Lakh Shares on Warrant Conversion

Suditi Industries Ltd has announced the allotment of 48,00,000 equity shares following the conversion of warrants. The allotment, dated August 10, 2026, increases the company's issued and paid-up capital. The conversion involved receiving the balance 75% payment for the warrants at Rs. 20.625 per warrant, bringing the total issue price per share to Rs. 27.50 (including a premium of Rs. 17.50). The total amount raised from this conversion is Rs. 9,90,00,000. The company's paid-up share capital now stands at Rs. 54,40,70,240.