In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations, 2015'), Shivalik Rasayan has informed that the Board of Directors of the Company, Shivalik Rasayan, at their meeting held today i.e., April 13, 2023, at 10:30 AM has considered and approved the allotment of 4,20,000 Equity Shares of face value of Rs 5 each pursuant to conversion of 4,20,000 Fully Convertible Warrants ('Warrants'), issued as on October 14, 2021, at an issue price of Rs. 921 each.
The above information is a part of company’s filings submitted to BSE.