Anand Rayons Ltd — Updates, 23-07-2025: Company Update

Anand Rayons Limited's Board has approved the conversion of 290,597 warrants into an equal number of equity shares. These shares, allotted to promoters at Rs. 78 each (including a Rs. 68 premium), brought in Rs. 1.70 crore for the company. This conversion increases the company's issued and paid-up capital to approximately Rs. 21.30 crore, comprising 21,298,984 shares. Over 25.47 lakh warrants remain outstanding, which could convert into additional shares upon payment of Rs. 58.50 per warrant. This move strengthens promoter holding and provides capital.