Piccadily Agro Industries Ltd — Updates, 13-06-2025: Company Update

Piccadily has announced a board meeting approving the conversion of 672,041 fully convertible warrants into equity shares following full payment of the exercise price. This increases the issued and paid-up capital to 95,011,321 shares from 94,339,280 shares. The total amount received from conversion is Rs. 49.99 Cr. The new shares carry full dividend and voting rights. The warrants were converted by three non-promoter investors. Additionally, the board approved the appointment of M/s Prince Chadha & Associates as Secretarial Auditors for five years, subject to shareholder approval at the upcoming AGM.