Swojas Foods Converts 24.25 Lakh Warrants to Equity Shares

Swojas Foods Limited announced the conversion of 24,25,000 warrants into an equal number of equity shares of face value ₹10 each. This conversion, approved by the Board of Directors, was executed by non-promoter warrant holders upon payment of the remaining exercise price of ₹12.375 per share. The total amount received for this conversion was ₹3,00,09,375. The newly issued equity shares rank pari-passu with existing shares. This conversion has increased the company's paid-up equity share capital from ₹45,86,33,120 to ₹48,28,83,120.