Kriti Industries (India) Limited — Board Meeting, 11-02-2025: Outcome of Board Meeting

The board meeting resulted in the approval of the allotment of 15,00,000 equity shares at a price of Rs. 158.50 each to Kriti Nutrients Limited, a promoter group entity. This follows the exercise of warrants valued at Rs. 17.83 crore. Post-allotment, Kriti Nutrients' shareholding will increase to approximately 3.32%, while the total outstanding warrants for conversion now stands at 15,92,480. This strategic financial decision is expected to enhance the company's capital structure.