Som Distilleries & Breweries Limited — Important, 12-02-2025: General Updates

SOM Distilleries and Breweries has executed the allotment of 30,30,300 equity shares, following the conversion of warrants held by promoters, including Mr. Jagdish Kumar Arora and Mr. Deepak Arora. The total amount received for the exercise of these warrants is approximately ₹24.99 crore, contributing to the expansion of the company's total equity share capital to ₹40.69 crore, with 20,34,73,272 equity shares now issued. Currently, 12,71,216 warrants remain pending conversion, allowing holders to convert them into equivalent equity shares by paying the remaining 75% of the issue price within 18 months. This adjustment strengthens the company's capital structure, potentially enhancing its future financial flexibility. Shareholders and investors should watch closely as these conversions may signal an optimistic trend in capital availability for growth initiatives.