Anand Rayons Ltd — Important, 17-01-2026: Company Update

Anand Rayons Limited's Board has approved the conversion of 1,70,940 warrants into an equal number of equity shares. These shares, with a face value of Rs. 10 and an issue price of Rs. 78 each, were allotted to promoter group members. The company received approximately Rs. 1 Cr as the balance payment. This conversion increases the company's issued and paid-up capital to about Rs. 21.47 Cr, comprising 2,14,69,924 equity shares. About 23.77 lakh warrants remain outstanding for future conversion.