Swaraj Suiting Limited — Board Meeting, 16-01-2025: Outcome of Board Meeting
16-01-2025 | 08:38 pm
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.
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