Jhandewalas Foods Ltd — Important, 24-01-2026: Company Update

Jhandewalas Foods Limited has allotted 1,682,712 equity shares to its promoters: Raakesh B Kulwal, Renu Koolwal, Jhanvi Koolwal, and Milan Koolwal. This allotment, totaling 11.03% of the post-issue capital, results from the conversion of warrants into equity shares. The combined value of these newly issued shares is approximately 11.35 Cr. This action increases the promoters' stake in the company and expands its overall equity base, demonstrating their continued investment.