Pakka Ltd Allots 38.8 Lakh Shares on Warrant Conversion

Pakka Limited's Fund Raising Committee approved the allotment of 38,80,000 fully paid-up equity shares to Yash Agro Products Limited, a promoter group entity. This allotment is a conversion of an equivalent number of outstanding fully convertible warrants at an issue price of ₹110 per share. The total consideration for this conversion amounts to ₹42,68,00,000, with the balance 75% consideration of ₹32,01,00,000 received on October 16, 2026. Following this, 38,20,000 warrants remain outstanding until their expiry in December 2027. The newly allotted shares rank pari passu with existing equity shares and will be subject to applicable lock-in requirements.