ALPHA TRIBE

Telogica LtdImportant, 29-10-2025: Company Update

29-10-2025 | 09:21 pm

Telogica's Board has approved the apportionment of funds received from warrant holders and the subsequent allotment of 1.41 Cr equity shares at an issue price of Rs. 8 each. This conversion, stemming from previously issued warrants, has generated Rs. 11.25 Cr for the company. Consequently, Telogica's paid-up equity share capital will increase from 3.38 Cr shares (worth Rs. 16.89 Cr) to 4.78 Cr shares (worth Rs. 23.92 Cr). Warrant holders have 18 months from May 11, 2024, to convert their remaining outstanding warrants. This move strengthens the company's capital structure and provides funding.

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