Godavari Drugs Ltd — Important, 14-08-2026: Company Update

Godavari Drugs' Board approved allotting 7.87 lakh equity shares after promoters converted their warrants, bringing in Rs. 5.25 crore for the company. These shares were issued at Rs. 89 each, including a premium. This conversion increased the company's paid-up equity capital from Rs. 10.13 crore (1.01 crore shares) to Rs. 10.91 crore (1.09 crore shares). Additionally, 15.73 lakh warrants remain outstanding, whose holders can convert them into shares by paying Rs. 66.75 per warrant.