Polysil Irrigation Systems Limited — QIP/Rights/Pref., 03-06-2025: Allotment of Securities

Polysil Irrigation Systems has announced a board meeting on which it allotted 1.12 crore equity shares at ₹17.55 each via preferential issue, raising ₹19.59 Cr. The paid-up capital now stands at ₹22.51 Cr. Additionally, 3.51 crore fully convertible warrants were allotted at the same price, with ₹15.44 Cr received as subscription. Each warrant can convert into one equity share, bringing fresh funds and potential equity base expansion to support growth plans.