Xpro India Limited — Important, 08-02-2025: Updates

Xpro India Limited has approved the allotment of 75,000 equity shares to M/s Central India General Agents Limited (CIGA) following the exercise of warrants. Each share, with a face value of Rs. 10, was issued at a premium of Rs. 965, resulting in a total collection of approximately Rs. 475.31 lakh. This allotment is part of the 14,35,750 warrants that were initially issued at an exercise price of Rs. 975, of which the remaining 11,70,000 warrants can be exercised until July 28, 2025. Post-allotment, the company's issued and paid-up capital has risen to Rs. 22,30,03,910, comprising 2,23,00,391 equity shares. This development enhances the company's capital structure and could improve liquidity for future operations. Shareholders should watch closely for further movements regarding the outstanding warrants.