Prospect Consumer Products Ltd — Updates, 16-07-2025: Company Update

Prospect Consumer Products' Board has approved the conversion of 2.13 lakh warrants into an equal number of equity shares. This follows an earlier allotment of 11.75 lakh warrants, where 3.63 lakh were already converted. The company received Rs. 1.02 crore as the balance payment for these newly converted shares. This conversion increases the company's paid-up equity share capital from Rs. 5.32 crore (53.24 lakh shares) to Rs. 5.54 crore (55.36 lakh shares). Approximately 5.99 lakh warrants remain outstanding, pending conversion upon payment of the remaining amount, potentially bringing in more capital.