Active Clothing Co Ltd — Important, 18-03-2026: Company Update

Active Clothing Co Limited has allotted 20 lakh convertible share warrants on a preferential basis at an issue price of Rs. 115 each, totaling Rs. 23 Crore. The company received an upfront payment of Rs. 5.75 Crore, representing 25% of the issue price. Each warrant is convertible into one equity share (face value Rs. 10, premium Rs. 105) within 18 months, subject to payment of the balance Rs. 86.25 per warrant. These warrants were issued to promoter, promoter group, and non-promoter investors, aiming to bolster the company's capital and support its growth initiatives. Unexercised warrants after 18 months will result in forfeiture of the upfront payment.