SWARAJ : ALLOTS 4.65 LAKH SHARES ON WARRANT CONVERSION WORTH RS 8.23 CR

• Board approved allotment of 4,65,000 equity shares of ₹10 face value at a premium of ₹226 per share on conversion of warrants • Balance 75% exercise price of ₹177 per warrant received in cash, aggregating to ~₹8.23 Cr • Total issue price per warrant at ₹236; 25% was received at the time of warrant subscription • Paid-up equity share capital rises from ₹26.42 Cr to ₹26.88 Cr post allotment • Promoter and promoter group holding moves to 63.06% from 62.72%; public holding at 36.94% Impact: Neutral (Small capital infusion through committed warrant conversion; ownership shift is marginal)

Swaraj Suiting Limited

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