StockWatch
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Packaged Foods
Corporate Action9 Jun 2026, 11:28 am

Swojas Foods Allots 13.32 Lakh Equity Shares on Warrant Conversion

AI Summary

Swojas Foods Ltd announced the allotment of 13,32,000 equity shares following the conversion of warrants by non-promoter investors. The conversion was approved by the Board of Directors on June 09, 2026. These shares were issued at a price of Rs. 12.375 per share, representing the remaining 75% of the warrant issue price. This conversion increases the company's paid-up equity share capital from Rs. 41,31,51,500 to Rs. 42,64,71,500. The newly allotted shares will rank pari-passu with existing equity shares.

Key Highlights

  • 13.32 lakh equity shares allotted upon warrant conversion.
  • Conversion price set at Rs. 12.375 per share.
  • Paid-up capital increased to Rs. 42.65 crore.
  • New shares rank pari-passu with existing equity.
  • Allotment made to non-promoter investors.