Garg Furnace Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Garg Furnace Limited's promoter group, led by Davinder Garg, has converted 12 lakh warrants into equity shares. These new shares were issued at Rs. 195 each, including a premium of Rs. 185. This conversion significantly increases the promoter's holding and boosts the company's total equity share capital from Rs. 5.0087 Cr to Rs. 6.8087 Cr. This move reflects the promoters' ongoing commitment and is a positive development for the company's capital structure and shareholder confidence.