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

S J Logistics (India) Limited has announced a board meeting to disclose the conversion of 20,000 warrants into equity shares at an issue price of ₹576 each, totaling ₹86.40 lakh raised from the promoter, Mr. Rajen Hasmukhlal Shah. Following this conversion, 5,40,000 warrants remain outstanding. The company's paid-up equity share capital now stands at ₹15.28 crore, consisting of 1,52,83,130 fully paid shares. This update suggests a strengthened equity position, potentially enhancing investor confidence. However, the remaining warrants create a future capital obligation that investors should monitor.