ALPHA TRIBE

Swaraj Suiting LimitedBoard Meeting, 16-01-2025: Outcome of Board Meeting

16-01-2025 | 08:38 pm

The Board of Directors has approved the allotment of 4,000 equity shares, converting warrants at a face value of ₹10 each and a premium of ₹36.16 per share. The total amount received for these conversions is ₹1.38 lakh, increasing the paid-up capital from ₹22.01 crore to ₹22.02 crore. Post-allotment, the shareholding pattern reflects promoters holding 74.97% and the public holding 25.03%. This strategic move enhances the equity base and strengthens the company’s financial position.

No comments yet. Be the first to comment!

All announcements from Swaraj Suiting Limited