Agribio Spirits Ltd — Updates, 13-05-2025: Company Update

Agribio Spirits Limited has announced a board meeting approving the allotment of 1,75,000 equity shares following partial conversion of fully convertible equity share warrants by a non-promoter investor, Trupti Hemant Sarvaiya, at Rs. 51 per share. This increases the company’s paid-up equity capital to Rs. 10.52 Cr, comprising 1,05,24,237 shares of Re. 10 each. The allotment reflects continued capital infusion and strengthens the company's equity base, offering potential support for its ongoing operations and growth plans.