Sabar Flex India Limited — Board Meeting, 19-02-2025: Outcome of Board Meeting

The Board has approved the allotment of 1,00,000 equity shares of face value ₹10 each, following the conversion of 1,00,000 fully convertible equity warrants issued previously. This action increases the paid-up equity share capital from ₹19.11 crore to ₹19.21 crore, now comprising 1,92,19,364 equity shares. The remaining 57,00,000 warrants are set to convert within the next 18 months. Notably, the conversion respects the agreement made during the preferential allotment, adding to the company's financial structure.