Sellwin Traders Ltd — Important, 05-12-2025: Company Update
05-12-2025 | 06:05 pm
05-12-2025 | 06:05 pm
Sellwin Traders' board has approved allotting 3.70 crore convertible warrants to non-promoter investors. Each warrant is priced at Rs. 8.40, with an immediate Rs. 7.76 crore raised from the 25% upfront payment. This preferential issue, totaling a potential Rs. 31.05 crore, aims to bolster the company's capital base. Investors can convert these warrants into equity shares by paying the remaining 75% within 18 months; otherwise, unexercised warrants will lapse. This move strengthens future funding and operational flexibility.
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