Outcome of Board Meeting held on Monday,19th May 2025
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Sanjivani Paranteral Ltd's Board, at a meeting on 19th May 2025, approved the conversion of 1,97,394 warrants into an equal number of equity shares of Rs. 10 each. The warrants were originally allotted on a preferential basis on 5th February 2024 and are being converted by promoter Ashwani Khemka. As a result, the company's paid-up equity capital has increased from Rs. 11.88 crore (1,18,81,694 shares) to Rs. 12.08 crore (1,20,79,088 shares). Following this allotment, promoter Ashwani Khemka's shareholding has risen from 27.13% to 28.32% of the company.
This is a promoter exercising previously granted warrants, increasing his stake and modestly diluting non-promoter shareholders. No fresh capital infusion from outside; existing promoter commitment converted to equity.