ALPHA TRIBE

Rama Petrochemicals LtdImportant, 23-01-2026: Company Update

23-01-2026 | 02:52 pm

Rama Petrochemicals' board has approved the conversion of 15,96,450 warrants into an equal number of equity shares. This transaction, involving two warrant holders, generated ₹1.20 Cr for the company from the exercise price. As a result, the company's paid-up equity share capital has increased from ₹11.72 Cr to ₹13.32 Cr. This conversion enhances the company's capital structure and represents the full exercise of previously issued warrants. It signifies a capital inflow and an expansion of the company's equity base.

No comments yet. Be the first to comment!

All announcements from Rama Petrochemicals Ltd