Ecoboard Industries Ltd — Important, 10-01-2026: Company Update

The company's Board has approved the allotment of 34.41 lakh equity shares at Rs 33.50 each, raising approximately Rs 11.53 Cr. These shares include allotments to a promoter converting a loan to equity and public investors contributing cash. Additionally, 18.08 lakh warrants, convertible into equity shares at Rs 33.50 each, were allotted to a promoter through loan conversion, with an initial payment of about Rs 1.51 Cr received. This capital infusion strengthens the company's financial position, supporting future growth initiatives.