Swojas Foods Ltd — Important, 22-12-2025: Company Update
22-12-2025 | 06:14 pm
22-12-2025 | 06:14 pm
Swojas Foods' Board has approved allotting 2.59 Crore convertible warrants to non-promoter investors through a preferential issue. Each warrant is priced at Rs. 16.50, totaling Rs. 42.87 Crore. The company has already received Rs. 10.72 Crore, representing 25% of the issue price, as an upfront payment. These warrants can be converted into equity shares within 18 months upon payment of the remaining amount. This capital infusion strengthens the company's financial position and supports future growth initiatives.
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