Swaraj Suiting Limited — Board Meeting, 15-01-2025: Outcome of Board Meeting

The Board of Directors of Swaraj Suiting Limited has approved the allotment of 11,47,000 equity shares at a face value of ₹10 each, following the conversion of warrants at a premium of ₹36.16 per share. The total cash received for this allotment is ₹3.97 crore. Consequently, the company's paid-up equity share capital has increased from ₹20.87 crore to ₹22.01 crore. This decision signifies financial growth and enhances the company’s equity base, reflecting solid investor confidence and funding for future initiatives.