Vardhman Polytex Limited — Board Meeting, 25-10-2024: Outcome of Board Meeting

Vardhman Polytex Limited announced the conversion of 30,00,000 warrants into 3,00,00,000 fully paid-up equity shares at Rs. 4.05 each. This follows the earlier allotment of 1,30,00,000 convertible warrants. After this conversion, 50,00,000 warrants remain pending. The company's paid-up equity share capital now stands at Rs. 38,59,69,004. The new shares will rank equally with existing shares.