14-Aug-2026      20:33

Swastika Investmart Limited secures approval to issue warrants, raising approximately Rs 57.59 crore

Swastika Investmart Limited received approval at an Extraordinary General Meeting held on August 14, 2026, to issue 90,50,000 warrants on a preferential basis, convertible into an equivalent number of equity shares. The company plans to raise approximately Rs 57.59 crore through the issuance of warrants at a price of Rs 63.64 each, with 25% of the consideration payable at the time of subscription and the remaining 75% on exercise.

News source: Capital Market - Live News