44,000 equity shares allotted on warrant conversion
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On 23 October 2026, the board allotted 44,000 fully paid equity shares of Rs 10 each to three non-promoter investors after conversion of 14,667 warrants. The warrants were issued in December 2025 at Rs 1,250 each. Following the 1:2 bonus issue, the warrant entitlement and exercise price were adjusted. The full balance was paid, and no warrants remain pending conversion.
The 44,000 new shares raise the share count, and the company receives the remaining warrant payment. They rank equally with existing shares.