Intimation under Regulation 30 for conversion of 49,35,000 warrants into 49,35,000 Equity Shares
Awaiting price reaction for this filing.
Sellwin Traders Ltd has converted 49,35,000 warrants into an equal number of equity shares of Rs. 2 face value each, following board approval on 13 September 2025. These shares were allotted via preferential allotment to 4 individuals — Neelam Dharmesh Patel, Smita Patel, Patel Mitesh, and Falgun Anilkumar Yagnik — who paid the balance 75% amount of Rs. 4.125 per share (on a total issue price of Rs. 5.50). As a result, the company's paid-up equity capital has increased to Rs. 46,97,15,000, consisting of 23,48,57,500 shares. The new shares will rank equally with existing shares.
The conversion dilutes existing shareholders marginally but brings in additional capital (~Rs. 2.03 crore at the balance 75% payment). Since the warrants were already allotted earlier and this is just the conversion step, the stock price impact is likely minimal — mostly a technical increase in share count.