
Corporate Action9 Jun 2026, 11:33 am
Swojas Foods Converts 13.32 Lakh Warrants to Equity Shares
AI Summary
Swojas Foods Ltd announced the conversion of 13,32,000 warrants into an equal number of equity shares of face value Rs. 10 each. This conversion, approved by the Board of Directors on June 9, 2026, was exercised by non-promoter warrant holders. The company received the remaining exercise price of Rs. 12.375 per warrant, totaling Rs. 1,64,83,500. This issuance increases the company's paid-up equity share capital from Rs. 41,31,51,500 to Rs. 42,64,71,500, comprising 4,26,47,150 equity shares. The newly allotted shares will rank pari-passu with existing shares.
Key Highlights
- 13.32 lakh warrants converted into equity shares.
- Total conversion value amounts to Rs. 1.65 Crore.
- Paid-up equity share capital increased to Rs. 42.65 Crore.
- New shares rank pari-passu with existing equity.
Price Impact
More from SWOEF