please find enclosed outcome of the Share Allotment Committee Meeting of Board of Directors held on October 01, 2025.
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Triton Valves' Share Allotment Committee, at a meeting held on October 1, 2025, approved the conversion of 80,000 convertible share warrants into equity shares at Rs. 1,740 per share on a preferential basis. The total value of the converted warrants is Rs. 13.92 crore. Of these, 40,000 warrants were allotted to the promoter group (Anuradha Maruti Gokarn and Aditya Maruti Gokarn) worth Rs. 6.96 crore, and the remaining 40,000 warrants went to public investor Hemant Jagdish Ashar worth Rs. 6.96 crore. The allotment was carried out in compliance with the Companies Act 2013 and SEBI's ICDR Regulations, 2018.
This is a routine conversion of previously issued warrants into equity shares, so no fresh capital flows into the company. The conversion increases the equity share capital by 80,000 shares, leading to marginal dilution for existing shareholders. Promoter participation signals continued insider confidence in the company.