Transteel Seating Technologies Limited — Important, 13-05-2026: Committee Meeting Updates

TRANSTEEL's fund-raising committee approved the conversion of 3,48,000 warrants into an equal number of equity shares for non-promoters/public investors. These shares were issued at Rs. 80 each, including a Rs. 70 premium, upon receiving the remaining payment of Rs. 60 per warrant. This transaction generated 2.088 Cr for the company. Consequently, the company's issued and paid-up capital now stands at 22.44 Cr, comprising 2,24,40,010 equity shares. A total of 25,58,500 warrants remain outstanding for future conversion.