Transteel Seating Technologies Limited — Important, 02-12-2025: Committee Meeting Updates

Transteel has announced the conversion of 1,70,500 warrants into an equal number of equity shares. These shares, with a face value of Rs. 10 each, were allotted at an issue price of Rs. 80 per share (including a Rs. 70 premium) to non-promoter public investors. The company received Rs. 1.023 Cr as the balance payment for these conversions. This increases the company's issued and paid-up capital to Rs. 21.968 Cr, comprising 2,19,68,010 equity shares. Shareholders should note that 30,30,500 warrants remain outstanding and eligible for conversion, indicating potential future capital changes.