Swaraj Suiting Limited — Board Meeting, 23-12-2024: Outcome of Board Meeting

The Board of Directors of Swaraj Suiting Limited has approved the allotment of 1,75,000 equity shares at a face value of ₹10 each, following the conversion of warrants into equity shares at a premium of ₹36.16 per share. This brings the total equity paid-up share capital to ₹18.90 crore. The total amount received for the exercise of these warrants is ₹0.61 crore. The allotment contributes to a shift in the shareholding pattern, with public ownership rising to 29.08%.