Allotment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 3.0 pts less than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Swojas Foods Ltd has converted 16,00,000 convertible warrants into equity shares of face value ₹10 each. These warrants were originally allotted on a preferential basis at ₹16.50 per warrant (including a premium of ₹6.50). The conversion was done by a non-promoter entity, Onelife Capital Advisors Limited, which paid the remaining 75% of the issue price (₹12.375 per share), amounting to ₹1.98 crore in total. Following this conversion, the company's paid-up equity capital increased from ₹35.06 crore (3,50,62,650 shares) to ₹36.66 crore (3,66,62,650 shares). The newly allotted shares will rank equally with existing equity shares, and the company will apply for listing and trading approval from BSE.
This is a routine conversion of previously issued warrants into shares, resulting in a small dilution of about 4.6% (16 lakh new shares out of 3.66 crore total). No fresh capital raising impact as the warrants had already been partly paid earlier; the remaining 75% amount of ₹1.98 crore has now been received by the company.