BSESwojas Foods LtdHighNeutral
Announced Tue, 9 Jun · 11:27 IST

Allotment

Warrants ConvertedFund Raising View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+14.1%1-day move
₹7.61
prior close
₹7.79
base price
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+0.0+0.0+2.7+2.7+14.1+2.6+3.2+5.1+7.8+21.0+19.7+13.8
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AI summary

Swojas Foods Ltd has allotted 13,32,000 equity shares of Rs. 10 face value each to Vicky R Jhaveri HUF (a non-promoter) upon conversion of warrants issued earlier under a preferential allotment. The conversion price is Rs. 16.50 per share (including a premium of Rs. 6.50), and the company received Rs. 1,64,83,500 as the remaining 75% exercise price. This is part of a larger warrant issue of 2,59,84,500 warrants originally allotted in December 2025. As a result, the company's paid-up equity capital has risen from Rs. 41.31 crore (4.13 crore shares) to Rs. 42.65 crore (4.26 crore shares).

Likely market impact

This is a routine warrant-to-equity conversion, resulting in a modest equity dilution of about 3.2% for existing shareholders. No fresh capital from the open market — the funds (Rs. 1.65 crore) come from a pre-committed non-promoter investor, slightly boosting the company's paid-up capital and shareholder base.