Tapi Fruit Processing Limited — Board Meeting, 27-11-2024: Outcome of Board Meeting

The Board of Directors of Tapi Fruit Processing Limited has announced a board meeting outcome regarding the allotment of 33,000 equity shares at an issue price of ₹154 each, totaling ₹50.82 lakh (or ₹0.51 Cr). This issuance was made upon the conversion of warrants issued on a preferential basis to individuals outside the promoter group. As a result, the paid-up equity share capital has increased from ₹4.24 Cr to ₹4.27 Cr. This strategic move enhances the company’s financial structure and could facilitate future growth opportunities.