Quarterly Updates27 Feb 2026, 05:52 pm
Swojas Foods Ltd Board Approves Conversion of 16,00,000 Warrants into Equity Shares
AI Summary
Swojas Foods Ltd, formerly known as Swojas Energy Foods Limited, held a Board Meeting on February 27, 2026, in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board approved the conversion of 16,00,000 warrants into fully paid-up equity shares of face value Rs. 10/- each. The warrants were allotted to non-promoter entities at an issue price of ¥ 16.50/- each. The equity shares will rank pari-passu with the existing equity shares of the Company. The paid-up equity share capital of the Company has increased from Rs. 35,06,26,500/- to Rs. 36,66,26,500/-. The application for listing and trading approval of the newly issued and allotted Equity Shares will be made in due course of time.
Key Highlights
- Swojas Foods Ltd Board approved the conversion of 16,00,000 warrants into equity shares.
- The warrants were allotted to non-promoter entities at an issue price of ¥ 16.50/- each.
- The equity shares will rank pari-passu with the existing equity shares of the Company.
- The paid-up equity share capital of the Company has increased from Rs. 35,06,26,500/- to Rs. 36,66,26,500/-.
- Application for listing and trading approval of the newly issued and allotted Equity Shares will be made in due course of time.