Suyog Telematics Limited — QIP/Rights/Pref., 05-05-2025: Allotment of Securities

Suyog Telematics has announced a board meeting on May 12, 2025, to consider the financial results for the quarter and half-year. Promoter Mr. Shivshankar Gurushantappa Lature converted 22,168 warrants into equity shares at ₹570 each, bringing in ₹94.77 lakh. This raised the promoter holding slightly to 47.96% with 53.67 lakh shares. The total equity shares outstanding stand at 1.12 crore. About 5.28 lakh warrants are yet to be converted, indicating potential future capital inflow.