Walchandnagar Industries Limited — QIP/Rights/Pref., 01-01-2025: Allotment of Securities

Walchandnagar Industries Limited's Allotment Committee has allotted 1,20,00,480 equity shares, fully paid up, following the conversion of warrants by 26 warrant holders. The total proceeds from this conversion amount to Rs. 91.20 Cr, with an exercise price of Rs. 76 per warrant. Post-allotment, the company's equity share capital has increased to Rs. 13.49 Cr, split into 6,74,59,595 equity shares. Each newly allotted share ranks equally with existing shares, reflecting successful execution of the warrant conversion strategy.