Garg Furnace Ltd — Others, 15-07-2025: Others

The Board of Directors has approved the allotment of 18 Lakh equity shares, each with a face value of Rs. 10, at an issue price of Rs. 195. These shares were issued upon conversion of previously allotted warrants. The allotment includes participation from both promoter and non-promoter categories. Following this, the company's paid-up equity share capital has increased from Rs. 5.01 Cr to Rs. 6.81 Cr. This move converts outstanding warrants into equity, strengthening the company's capital base.