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Rex Sealing and Packing Industries LtdImportant, 17-04-2026: Company Update

17-04-2026 | 11:32 am

Rex Sealing & Packing Industries has announced the outcome of a board meeting. The company approved the allotment of 50,048 equity shares. These shares were issued at Rs. 210 each, including a Rs. 200 premium, to a non-promoter investor upon conversion of warrants. The company received Rs. 0.79 Cr as the balance payment for these conversions. This increases the paid-up equity capital from Rs. 2.53 Cr (2,534,952 shares) to Rs. 2.58 Cr (2,585,000 shares). This conversion expands the shareholder base and modifies the company's capital structure.

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