05-Oct-2026 20:33:02
FREDUNGeneral news
FREDUN PHARMACEUTICALS LIMITED : CONVERTS 60,800 WARRANTS INTO 1,82,400 EQUITY SHARES
• Board allots 1,82,400 equity shares of face value Rs. 10/- each to non-promoter allottees pursuant to conversion of 60,800 warrants. • Conversion follows 1:2 bonus issue adjustment, with each warrant now entitling holder to 3 equity shares. • Warrant holders paid balance consideration and exercised rights. • Warrants were initially allotted on December 29, 2025, at an issue price of Rs. 1,250/- per warrant. • The allotment of equity shares is in dematerialized form and ranks pari passu with existing equity shares.
Fredun Pharmaceuticals Ltd
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