Shivalik Rasayan Limited — Board Meeting, 27-03-2025: Outcome of Board Meeting

Shivalik Rasayan Limited has announced a board meeting outcome, approving the allotment of 1,90,000 equity shares at an issue price of ₹716 each, following the conversion of fully convertible warrants. The shares were allocated to various non-promoters, increasing the paid-up equity share capital to ₹7.88 crore, comprising 1,57,50,365 equity shares. This strategic move is expected to enhance the company’s capital base, providing a solid ground for future expansion and operational initiatives.