Megamont Ltd Converts 44.8 Lakh Warrants to Equity Shares

Megamont Ltd announced the conversion of 44,80,000 convertible warrants into an equal number of equity shares. The conversion, approved by the Board of Directors on September 03, 2026, was carried out in accordance with SEBI ICDR Regulations and the Companies Act. Each warrant was converted into one equity share of face value ₹10/- at a conversion price of ₹22/- per share, upon receipt of the full subscription amount. The newly allotted equity shares were issued to Promoters and Non-Promoters. The total value of the conversion amounts to ₹9,85,60,000.