Oriental Rail Infrastructure Ltd — Others, 29-07-2025: Others

Oriental Rail Infrastructure's Allotment Committee has approved the full conversion of warrants by promoter group member Mrs. Wazeera S. Mithiborwala. She converted the remaining 0.1 Cr convertible warrants into 0.1 Cr equity shares, each at a face value of Re. 1 with a premium of Rs. 168. She was initially allotted 0.75 Cr warrants, with 0.65 Cr previously converted. With this final conversion, there are no outstanding convertible warrants remaining from her. The newly issued equity shares are subject to a lock-in period. This transaction increases the company's equity base and signals a significant promoter's continued financial stake.