ALPHA TRIBE

Chatha Foods LtdImportant, 22-06-2026: Company Update

22-06-2026 | 06:47 pm

The company has allotted 103,000 new equity shares following the conversion of warrants by holders. These shares, with a face value of Rs. 10 each, were issued at an exercise price of Rs. 95.25 per warrant, accumulating approximately Rs. 0.98 Cr. Promoter Mr. Gurcharan Singh Gosal converted 40,000 warrants, while promoter group member Mr. Iqbal Singh Chatha converted 63,000 warrants. An additional 16,000 warrants held by Mr. Chatha are eligible for conversion by August 13, 2026, upon receipt of the remaining exercise consideration. This issuance strengthens the company's equity base and investor confidence.

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