Titan Intech Allots 3.3 Cr Equity Shares on Warrant Conversion

Titan Intech Ltd's board approved the allotment of 3,30,00,000 equity shares following the conversion of convertible equity share warrants. This allotment was made to various allottees, including Pinnamaneni Estates Private Limited (Promoter) with 1,70,00,000 shares, and Wimpey Engineering, Ezemode Consultancy, and Axlis Services (Public) with 55,00,000, 50,00,000, and 55,00,000 shares respectively. The conversion was executed as the full amount for the warrants had been received. The face value of the shares is now ₹1.00.