Titan Intech Allots 57 Lakh Equity Shares on Warrant Conversion

Titan Intech Ltd has allotted 57,00,000 equity shares following the conversion of convertible equity share warrants. The allotment was approved at a Board of Directors meeting held on May 06, 2026. The shares were issued to investors including Savitha Sundarrajan, Sivaraman Sundarrajan, Tricom Impress Private Limited, and Waxwing Business Ventures Private Limited, all under the 'Public' category. The conversion is based on the preferential allotment of 5,70,000 convertible equity share warrants originally allotted on 08/11/2024 at ₹55 per share (Face value ₹10 and Premium ₹45), now with a face value of ₹1.00.