ALPHA TRIBE

Rex Sealing and Packing Industries LtdImportant, 26-09-2025: Company Update

26-09-2025 | 07:34 pm

Rex Sealing and Packing Industries' board has approved the allotment of 56,000 equity shares to non-promoters. These shares were issued upon the conversion of 56,000 warrants at an issue price of Rs. 210 each, including a premium of Rs. 200. The company received Rs. 0.882 Cr as the balance payment for these conversions. This increases the company's paid-up equity capital from Rs. 2.22 Cr to Rs. 2.276 Cr. A total of 3,09,000 warrants remain outstanding, offering potential for further capital infusion as holders can convert them by paying Rs. 157.50 per warrant. This move strengthens the company's capital base.

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