Swaraj Suiting Limited — Board Meeting, 07-01-2025: Outcome of Board Meeting

The Board of Directors of Swaraj Suiting Limited has approved the allotment of 8,65,000 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 conversion is ₹2.99 crore, increasing the paid-up share capital from ₹18.90 crore to ₹19.77 crore. This move is expected to strengthen the company's capital base and provide additional financial flexibility. Post allotment, the equity structure shows a slight change in the promoter group's shareholding, now at 72.20%.