Bizotic Commercial Ltd — Important, 23-02-2026: Company Update
23-02-2026 | 04:26 pm
23-02-2026 | 04:26 pm
The company's Board has approved the allotment of 3.44 lakh Convertible Warrants at Rs. 290 each to Bizotic Industries Private Limited, a promoter group entity. Each warrant can be converted into one equity share within 18 months, with an upfront payment of Rs. 2.49 Cr already received. Factoring in previous warrant allotments, this move will increase the company's paid-up equity capital from Rs. 8.04 Cr to Rs. 9.64 Cr. This capital infusion strengthens the company's financials and allows the promoter group to potentially increase its stake, supporting future business operations.
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