ALPHA TRIBE

Epuja Spiritech LtdOthers, 18-07-2025: Others

18-07-2025 | 05:40 pm

Epuja Spiritech's Board has approved the allotment of 15,23,530 new equity shares. These shares were issued upon the conversion of an equal number of fully convertible warrants at an issue price of INR 3.40 each. Three non-promoter investors received these shares. This issuance increases the company's paid-up equity share capital from INR 8.61 Cr to INR 8.82 Cr. This move converts existing warrant liabilities into equity, strengthening the balance sheet and potentially expanding the shareholder base. Remaining warrants are expected to convert in the future.

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