Telogica Ltd — Important, 31-10-2025: Company Update

Telogica's Board has approved the conversion of 46,40,290 convertible warrants into an equal number of equity shares at an issue price of Rs. 8 each. This conversion, involving a receipt of Rs. 3.71 Cr from allottees, increases the company's paid-up equity share capital from Rs. 23.92 Cr to Rs. 26.24 Cr. The Board also apportioned Rs. 2.78 Cr received from other warrant holders, with total consideration for those warrants at Rs. 13.60 Cr. This move boosts capital and strengthens the balance sheet. Remaining warrant holders have 18 months to convert their warrants by paying the balance.