BSEEpuja Spiritech LtdMediumNeutral
Announced Fri, 19 Sept · 18:09 IST

Due to clerical error in the Outcome of Board Meeting held on 11th September, 2025, we hereby submit the clarification and rectification letter.

Warrants ConvertedFund Raising View source PDF

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AI summary

Epuja Spiritech Ltd has issued a clarification correcting a typographical error in its earlier disclosure about the pre-allotment paid-up equity share capital. The correct pre-allotment figure is INR 8,90,46,689 (8,90,46,689 shares of INR 1 each), instead of the earlier mistakenly stated INR 8,90,55,513. Following the conversion of 64,77,451 fully convertible warrants into equity shares, the revised paid-up equity share capital now stands at INR 9,55,24,140 (9,55,24,140 shares of INR 1 each). The correction was submitted to BSE under SEBI Listing Regulations.

Likely market impact

The clarification only fixes a clerical mistake and does not change the substance of the earlier disclosure. However, it confirms the conversion of nearly 64.77 lakh warrants into equity shares, which increases the share count by about 7.3% and is mildly dilutive for existing shareholders.