Business Update5 Mar 2026, 06:18 pm
Swadeshi Industries & Leasing Ltd Converts 1,23,10,000 Convertible Warrants into Equity Shares
AI Summary
Swadeshi Industries & Leasing Ltd announced the conversion of 1,23,10,000 Convertible Warrants into 1,23,10,000 Equity Shares. The conversion was carried out at a rate of 1:1, with each warrant being converted into one equity share of face value Rs. 10/-. The equity shares have been allotted to the Promoters and Non-Promoters of the Company. The decision was made at the Board of Directors meeting held on March 05, 2026.
Key Highlights
- Swadeshi Industries & Leasing Ltd converts 1,23,10,000 Convertible Warrants into Equity Shares.
- The conversion was carried out at a rate of 1:1, with each warrant being converted into one equity share of face value Rs. 10/-.
- The equity shares have been allotted to the Promoters and Non-Promoters of the Company.
- The decision was made at the Board of Directors meeting held on March 05, 2026.