Valencia Nutrition Allots 15.2 Lakh Shares on Warrant Conversion

Valencia Nutrition Limited announced the allotment of 15,20,000 equity shares to a promoter category investor upon conversion of warrants. The allotment is at an issue price of ₹40 per share, aggregating ₹6.08 crore. This conversion is part of a larger preferential issue of 50,00,000 warrants announced earlier. Following this allotment, 23,90,000 warrants remain outstanding. The newly allotted shares will rank pari passu with existing equity shares.