Jayant Infratech Ltd — Important, 22-09-2025: Company Update

Jayant Infratech disclosed that holders of 15.92 lakh convertible warrants, part of an earlier allotment of 22.22 lakh warrants issued at Rs. 113 each, failed to exercise their conversion option within the stipulated 18-month period. Consequently, the company has forfeited the 25% upfront payment received for these expired warrants, totaling Rs. 4.50 crore. This means no further shares will be issued against these specific warrants, preventing potential equity dilution and boosting the company's cash reserves.