Suditi Industries Promoters Acquire Shares via Warrant Conversion

Suditi Industries Ltd has disclosed a significant acquisition of equity shares by its promoters, Pawan Agarwal and Tanay Pawan Agarwal, along with other Persons Acting in Concert (PACs). The acquisition was executed through the conversion of warrants into equity shares. This transaction has led to an increase in the promoters' shareholding from 53.22% to 56.80% of the total share capital. The conversion involved 4,96,07,024 equity shares of Rs. 10/- each, with a total value of Rs. 49,60,70,240. The shares were acquired via preferential issue and conversion of convertible share warrants. The acquisition was completed on August 10, 2026.