Outcome of Board Meeting dated January 21, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 5.7 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' board, at its meeting on January 21, 2026, approved the conversion of 21,00,000 warrants into an equal number of equity shares of face value ₹10 each. These warrants were originally allotted on a preferential basis in December 2025 at an issue price of ₹16.50 per warrant (including a ₹6.50 premium). Two non-promoter investors — Rajesh Nanubhai Jhaveri and Murtuza Kaizarbhai Mandorwala — paid the remaining 75% of the issue price (₹12.375 per warrant), bringing in about ₹2.60 crore in fresh capital for the company. As a result, the paid-up equity share capital rose from ₹30.96 crore (3.10 crore shares) to ₹33.06 crore (3.31 crore shares), a dilution of roughly 6.8% for existing shareholders. About 13.21 lakh warrants held by one investor still remain pending conversion.
Mild share dilution of around 6.8% for existing shareholders, partly offset by inflow of ~₹2.6 crore at a price above face value. Watch for further warrant conversions and any potential price pressure from the increased share count.