Azad India Mobility Ltd — Others, 25-08-2025: Others

Azad India Mobility Limited's Board has approved allotting 51,45,000 new equity shares at Rs. 16 each to shareholders converting their warrants. This capital increase boosts the company's paid-up equity from approximately 49.29 Cr to 54.44 Cr. This move signifies the full exercise of outstanding warrants, strengthening the company's equity base by converting a financing instrument into full ownership for investors. All previously issued warrants have now been converted into equity.