Rama Petrochemicals Ltd — Important, 13-04-2026: Company Update

Rama Petrochemicals' Board has approved the conversion of 20.99 lakh warrants into an equal number of equity shares, issued to promoter group entities. This conversion involved receiving ₹7.5 per warrant, totaling ₹1.57 Crore in cash. As a result, the company's paid-up equity share capital has increased from ₹13.32 Crore to ₹15.42 Crore. This move enhances the company's capital base and converts promoter group holdings from warrants to full equity, signaling continued commitment.