Madhusudan Masala Limited — QIP/Rights/Pref., 26-03-2025: Allotment of Securities

Madhusudan Masala Limited's Board has convened and allotted 80,000 equity shares, converting an equal number of fully convertible warrants held by Rishit Kotecha and Hiren Kotecha. The allotted shares, at ₹181 each, have increased the company's paid-up equity capital to ₹14.47 crore. This move reflects ongoing shareholder engagement and potential for capital infusion, signaling stability in financial operations. Investors may view this as a positive outlook as it strengthens the company's equity base while enhancing liquidity, paving the way for future growth.