Swadeshi Industries & Leasing Ltd — Others, 16-07-2025: Others

Swadeshi Industries & Leasing Limited's Board has approved the allotment of 1.231 Cr convertible warrants at Rs. 10 each on a preferential basis to non-promoters. Each warrant can be converted into one equity share of Rs. 10 face value. This move, following a special resolution by shareholders, aims to raise capital for the company. The issuance of these warrants is expected to bring in Rs. 12.31 Cr, providing funds for company operations and growth initiatives, while also increasing the number of outstanding shares upon conversion.