Swaraj Suiting Allots 4.65 Lakh Equity Shares on Warrant Conversion

Swaraj Suiting Ltd announced the allotment of 465,000 equity shares following the conversion of warrants. The shares were issued at a premium of Rs. 226 per share, with the exercise price of Rs. 177 per warrant received. This conversion has increased the company's paid-up share capital from Rs. 26,41,82,600 to Rs. 26,88,32,600. The new shares rank pari-passu with existing equity shares. The total amount received from the warrant conversion is Rs. 8,23,05,000. The allotment was approved by the Board of Directors on October 30, 2026.