Bizotic Commercial Ltd — Important, 23-02-2026: Company Update
23-02-2026 | 04:29 pm
23-02-2026 | 04:29 pm
Bizotic Commercial's Board has approved the allotment of 3,44,000 convertible warrants to Bizotic Industries Private Limited, a promoter group entity. Each warrant, priced at Rs. 290 (including a premium of Rs. 280), can convert into one equity share of Rs. 10 face value within 18 months. An upfront payment of Rs. 2.49 Cr has been received. Upon full conversion of these and previously allotted warrants (totaling 16,02,000), the company's paid-up equity share capital will increase from Rs. 8.04 Cr to Rs. 9.64 Cr. This preferential issue strengthens capital and promoter commitment.
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