Prospect Consumer Products Ltd — Important, 08-12-2025: Company Update

Prospect Consumer Products Limited's Board has approved the preferential allotment of 7,00,000 convertible warrants to promoters and the promoter group. Each warrant has an issue price of ₹100, including a premium of ₹90, for an aggregate amount up to ₹7 Cr. The company has already received 25% of the subscription price. These warrants are convertible into equity shares within 18 months, by June 7, 2027. This move strengthens the company's capital base and demonstrates promoters' commitment, potentially increasing their stake from 47.06% to 52.48% upon full conversion.