Revised outcome of circular resolution dated 31st March, 2026 passed for allotment of 5,39,800 Equity shares and 14,68,897 Warrants convertible into Equity shares on preferential basis.
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Suditi Industries Ltd has allotted 5,39,800 equity shares and 14,68,897 convertible warrants to non-promoter investors at Rs. 59.12 per unit. The equity share allotment raised Rs. 3.19 crore, while warrant allotments total Rs. 8.68 crore (with 25% upfront subscription price of Rs. 14.78 per warrant received now, and balance 75% payable upon conversion). Five investors received equity shares, while eight investors received warrants. Each warrant is convertible into one equity share within 18 months from allotment date. All securities are locked-in as per SEBI ICDR regulations.
Dilution will occur as warrants convert into equity shares over the next 18 months, increasing the share count. All allottees are non-promoters, which increases public shareholding. The company received Rs. 2.17 crore upfront from warrant subscriptions.