Corporate Action22 Jul 2026, 01:05 pm
Swojas Foods Converts 16.16 Lakh Warrants to Equity Shares
AI Summary
Swojas Foods Ltd announced the conversion of 16,16,162 warrants into an equal number of equity shares of face value ₹10 each. This conversion, approved by the Board of Directors on July 22, 2026, was exercised by non-promoter warrant holders. The company received the remaining exercise price of ₹12.375 per warrant, totaling ₹2,00,00,004.75. This issuance was made on a preferential allotment basis. The conversion has increased the company's paid-up equity share capital from ₹42,64,71,500 to ₹44,26,33,120.
Key Highlights
- 16,16,162 warrants converted into equity shares.
- Conversion by non-promoter warrant holders.
- Paid-up capital increased to ₹44,26,33,120.
- Equity shares rank pari-passu with existing shares.
Price Impact
More from SWOEF