Jhandewalas Foods Ltd — Important, 08-12-2025: Company Update

Jhandewalas Foods Limited reports that promoters have converted warrants into equity shares. Raakesh B Kulwal acquired 838,000 shares worth approximately 5.95 Cr, Renu Koolwal 670,789 shares valued at 4.08 Cr, Jhanvi Koolwal 120,282 shares for 0.85 Cr, and Milan Koolwal 117,465 shares at 0.83 Cr. This totals 1,746,535 new equity shares, representing an 11.40% stake on a post-issue basis. This move by key promoters signals increased commitment and expands the company's equity capital.