S J Logistics (India) Limited — Important, 03-04-2025: General Updates

S J Logistics (India) Limited has announced a board meeting regarding the conversion of 20,000 warrants into equity shares at an issue price of ₹576 per share. This conversion led to an influx of ₹86.4 million, adjusting the company's paid-up equity share capital to ₹1,526.31 million. Notably, 5,60,000 warrants remain unconverted, which the holder can convert by paying the remaining 75% of the issue price within 18 months. This update reinforces S J Logistics' financial position, and the orderly conversion may improve investor sentiment by enhancing liquidity and promoter stake.