Telogica Ltd — Important, 01-11-2025: Company Update

Telogica's Board has approved the conversion of 47 lakh convertible warrants into 47 lakh new equity shares at an issue price of Rs. 8 each, including a Rs. 3 premium. This action follows payments totaling Rs. 3.76 Cr from warrant holders. As a result, the company's paid-up equity share capital has increased from Rs. 26.24 Cr (5.25 Cr shares) to Rs. 28.59 Cr (5.72 Cr shares). This capital infusion strengthens the company's financial position and expands its equity base. Remaining warrant holders have an 18-month window from May 2024 to convert their outstanding warrants.