Annapurna Swadisht Limited — QIP/Rights/Pref., 18-04-2025: Issue of Securities

Annapurna Swadisht Limited has announced a board meeting where it approved the preferential allotment of 23,75,000 warrants, each allowing the subscriber to purchase one equity share at an exercise price of Rs. 351. This issuance is expected to raise approximately Rs. 83.36 Cr from promoters and public investors. An Extraordinary General Meeting is scheduled for May 16, 2025, to seek shareholder approval for this allocation. Under the proposed allotment, key investors include Ritesh Shaw, receiving 15,00,000 warrants, boosting his post-allotment holding to 36.57%.