Sellwin Traders has informed that the Board of Directors at its meeting held on 23rd September, 2024 has approved conversion of 1,95,20,000 warrants into 1,95,20,000 Equity Shares of face value Rs 10 each out of the warrants allotted by way of preferential allotment to the following persons/entities pursuant to exercise of their right of conversion of warrants into Equity Shares and accordingly the Board of Directors have allotted 1,95,20,000 Equity Shares of face value of Rs 10 each fully paid up on account of conversion (Annexure I). Pursuant to conversion, the Issued, Subscribed and Paid-up Equity Share Capital of the Company stands increased to Rs 39,78,00,000 consisting of 3,97,80,000 fully paid-up Equity Shares of Rs 10 each. The new equity shares so allotted shall rank pari-pasu with the existing equity shares of the Company. The disclosures as required under regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed.
The above information is a part of company’s filings submitted to BSE.
