Saptak Chem And Business Ltd — Important, 06-04-2026: Company Update

Saptak Chem and Business Limited's Board has approved the allotment of 20 lakh new equity shares, each with a face value of Rs. 10, to four non-promoter warrant holders. This conversion followed the receipt of Rs. 7.875 per warrant, aggregating to Rs. 1.575 Cr. As a result, the company's paid-up equity capital increased from Rs. 1.07 Cr to Rs. 3.07 Cr. Following this, 20 lakh warrants are still outstanding, allowing holders to convert them into shares by paying the remaining amount within 18 months. This move expands the shareholder base and strengthens the company's capital.