Anand Rayons Ltd — Updates, 24-05-2025: Company Update

Anand Rayons Limited has announced a board meeting outcome approving the conversion of 6,12,667 warrants into an equal number of equity shares at Rs. 78 each, partly paid earlier and now fully paid by receiving Rs. 3.58 Cr. from warrant holders in the public category. This conversion increases the company’s paid-up capital to Rs. 208.32 Cr, now comprising 2.08 crore equity shares of Rs. 10 each. A balance of 30.15 lakh warrants remains outstanding for future conversion. This fresh equity infusion strengthens the company’s capital base and broadens its shareholder base among public investors.