Silicon Rental Solutions Ltd — Important, 16-07-2026: Company Update

Silicon Rental Solution announced the lapse and forfeiture of 5,50,400 convertible warrants. These warrants, originally allotted on a preferential basis, required holders to pay the remaining 75% of the issue price within 18 months. As this balance payment was not received within the stipulated timeframe, the warrants have lapsed. The company has forfeited the upfront subscription amount of ₹3,05,47,200 (approx. 3.05 Cr), which represented 25% of the issue price. Warrant holders lose their conversion rights, and the company's paid-up share capital remains unchanged. The forfeited amount will be retained by the company.