Sanjivani Paranteral Ltd — Important, 23-07-2026: Company Update
23-07-2026 | 08:15 pm
23-07-2026 | 08:15 pm
The company's Board has approved issuing up to 5 lakh fully convertible warrants to Promoter Mr. Ashwani Khemka on a preferential basis. These warrants, priced at ₹147.39 each, will raise approximately ₹7.37 Cr for the company. Each warrant converts into one equity share within 18 months. This move, subject to shareholder approval, will increase the promoter's potential stake from 29.88% to 32.62% upon full conversion. Additionally, the Board approved a material related party transaction with its subsidiary, SPL Infusion Private Limited, also pending shareholder approval via postal ballot.
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