Swaraj Suiting Limited — Board Meeting, 14-01-2025: Outcome of Board Meeting

The Board of Directors has approved the allotment of 5,00,000 equity shares with a face value of ₹10 each, following the conversion of warrants at a premium of ₹36.16 per share. This conversion raised ₹1.73 crore, increasing the equity paid-up share capital from ₹20.37 crore to ₹20.87 crore. The equity structure post-allotment shows a slight increase in promoter holding to 73.66%, while public shareholding now stands at 26.98%. This strategic move enhances the company’s financial position and shareholder structure.