
Corporate Action22 Jul 2026, 01:03 pm
Swojas Foods converts 16.16 lakh warrants to equity shares
AI Summary
Swojas Foods Ltd announced the outcome of its Board Meeting held on July 22, 2026. The board approved the conversion of 16,16,162 warrants into an equal number of equity shares of face value ₹10 each. This conversion was exercised by non-promoter warrant holders, who paid the remaining exercise price of ₹12.375 per share. The total amount received for this conversion was ₹2,00,00,004.75. Consequently, the company's paid-up equity share capital increased from ₹42,64,71,500 to ₹44,26,33,120, with the total number of equity shares rising to 4,42,63,312. The newly issued shares will rank pari-passu with existing equity shares.
Key Highlights
- Board approved conversion of 16,16,162 warrants into equity shares.
- Conversion involved non-promoter warrant holders.
- Received ₹2,00,00,004.75 for conversion exercise.
- Paid-up capital increased to ₹44,26,33,120.
- Total equity shares now stand at 4,42,63,312.
Price Impact
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