Swaraj Suiting Limited — Board Meeting, 08-01-2025: Outcome of Board Meeting

The Board of Directors of Swaraj Suiting Limited has approved the allotment of 6,00,000 equity shares at a face value of ₹10 each, converted from warrants at a premium of ₹36.16 per share. This action raised ₹2.08 crore through the exercise of warrants, increasing the paid-up capital from ₹19.77 crore to ₹20.37 crore. Following the allotment, the shareholding pattern reflects a slight decrease in the promoters' stake to 73.02%, while the public’s share increases to 26.98%. This move underscores the company's commitment to enhancing shareholder value.