Rex Sealing and Packing Industries Ltd — Important, 20-02-2026: Company Update
20-02-2026 | 04:31 pm
20-02-2026 | 04:31 pm
The company's Board approved the allotment of 60,952 Equity Shares to a non-promoter by converting an equal number of warrants. These shares were issued at Rs. 210 each, raising 0.96 Cr for the company as the final 75% payment was received. This conversion increased the paid-up equity capital from 2.47 Cr (24.74 lakh shares) to 2.53 Cr (25.35 lakh shares). This move adds funds to the company and slightly increases the share count. Approximately 50,048 warrants remain outstanding for future conversion, offering potential further capital infusion.
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