Supra Trends Allots 1.01 Cr Shares on Warrant Conversion

Supra Trends Ltd announced the allotment of 1,01,20,000 equity shares following the conversion of warrants. This preferential allotment, priced at Rs. 10 per share, was approved by the Board of Directors on April 20, 2026. The conversion involved the receipt of the balance 75% of the issue price, amounting to Rs. 7.50 per warrant, totaling Rs. 7.59 crore. Out of the initial 1,09,50,000 warrants allotted, 1,01,20,000 were exercised, while the remaining 8,30,000 warrants lapsed. The allotment was made to Promoters, Promoter Group, and Non-Promoters.