Quarterly Updates6 Mar 2026, 05:53 pm
Swojas Foods Ltd Allots 20,00,000 Equity Shares After Warrants Conversion
AI Summary
Swojas Foods Ltd has allotted 20,00,000 equity shares at an issue price of Rs. 16.50 each (including premium of Rs. 06.50 per share) on receipt of the balance amount at the rate of Rs. 12.375 against each warrant (being 75% of Issue Price). This allotment is pursuant to the conversion of 20,00,000 warrants held by non-promoter investors. The company's paid-up equity share capital has increased from Rs. 36,66,26,500/- to Rs. 38,66,26,500/- as a result of this conversion.
Key Highlights
- Swojas Foods Ltd has allotted 20,00,000 equity shares after the conversion of warrants.
- The allotment is at an issue price of Rs. 16.50 each (including premium of Rs. 06.50 per share).
- The balance amount was received at the rate of Rs. 12.375 against each warrant (being 75% of Issue Price).
- The conversion resulted in an increase in the company's paid-up equity share capital.
- The allotment was made to non-promoter investors who had exercised their option of conversion of warrants.