Swojas Foods Converts 16.16 Lakh Warrants to Equity Shares

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, follows shareholder approval and in-principle approval from BSE. The warrants were issued at ₹16.50 each, with 25% paid initially and the remaining 75% (₹12.375 per warrant) paid upon conversion. The conversion has increased the company's paid-up equity share capital from ₹42,64,71,500 to ₹44,26,33,120. The newly allotted shares will rank pari-passu with existing equity shares. An application for listing and trading approval for these new shares will be made shortly.