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

Garg Furnace Limited's promoter group, led by Toshak Garg and Persons Acting in Concert (PACs), has converted 12 lakh warrants into an equal number of equity shares. These new shares were issued at Rs. 195 each, including a premium of Rs. 185. This conversion has increased the company's equity share capital from Rs. 5.01 Cr to Rs. 6.81 Cr. This move reflects the promoters' capital infusion and strengthens their direct shareholding in the company, consequently increasing the total outstanding shares.