Allotment Of Equity Shares on Conversion of Warrants.
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Sunita Tools Limited has allotted 47,385 equity shares following the conversion of an equal number of warrants at Rs. 325 per share (including a premium of Rs. 315). The company received Rs. 1.15 crore as the balance 75% amount from the warrant holders. Shares were allotted to two allottees — Shruti Sanjay Pandey from the Promoter Group (24,615 shares) and Niranjan Ishwardas Sheth from the Public category (22,770 shares). As a result, the paid-up equity capital rose from Rs. 6.23 crore (62.33 lakh shares) to Rs. 6.28 crore (62.80 lakh shares). With this conversion, no warrants remain outstanding as of October 30, 2025.
This is a routine completion of a previously announced preferential warrant conversion, leading to a small (~0.76%) increase in share count. Mild dilution for existing shareholders, but the promoter group's participation signals insider confidence. No major stock-moving impact expected.