Asian Energy Services Allots 3.66M Shares via Warrant Conversion

Asian Energy Services allotted 36,62,702 equity shares upon conversion of warrants, raising ₹92.02 crore in warrant exercise price.
The conversion follows a preferential issue of 47,00,000 warrants in November 2024, with 10,37,298 warrants lapsing due to non-exercise.
The company's paid-up equity share capital increased to ₹48.61 crore, comprising 4,86,11,000 shares of ₹10 each.
This intimation is made under SEBI LODR Regulation 30, following approvals from the Allotment Committee via circular resolution.