Borosil Renewables allotted 94,338 equity shares upon conversion of warrants issued in February 2025.
Warrant holders paid the remaining 75% balance of ₹397.50 per share for conversion.
The company's paid-up equity share capital increased to ₹14.03 crore divided into 14,028,318 shares.
The new shares rank pari-passu with existing equity shares of the company.