Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.9 pts more than Nifty Microcap 250 and 7.3 pts more 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's board, at its meeting on June 9, 2026, approved the conversion of 13,32,000 convertible warrants into an equal number of equity shares of face value ₹10 each. The warrants were originally allotted on a preferential basis at ₹16.50 per warrant (including a premium of ₹6.50), and the warrant holder (Vicky R Jhaveri HUF, a non-promoter) has now paid the remaining 75% amount of ₹12.375 per share, aggregating to ₹1,64,83,500. As a result, the company's paid-up equity share capital has increased from ₹41.31 crore (4.13 crore shares) to ₹42.65 crore (4.26 crore shares). The newly allotted shares will rank pari-passu with existing equity shares, and the company will apply for listing and trading approval on BSE.
This is a dilution event for existing shareholders as the share count rises by roughly 3.2% due to warrant conversion. It is a routine and pre-disclosed capital action (the warrants were allotted in December 2025), so it should not come as a surprise to the market and is unlikely to cause significant price movement.