Suditi Industries Ltd — Important, 31-03-2026: Company Update

Suditi Industries has allotted 5,39,800 equity shares at Rs. 59.12 each on a preferential basis, raising Rs. 3.19 Cr from non-promoter investors. These shares come with a specified lock-in period. Concurrently, the company also allotted 14,68,897 warrants at Rs. 59.12 each. The company received an upfront payment of Rs. 14.78 per warrant, totaling Rs. 2.17 Cr. These warrants are convertible into equity shares within 18 months by paying the balance Rs. 44.34 per warrant, potentially raising a total of Rs. 8.68 Cr from the warrant issue. This capital infusion strengthens the company's financial position.