SUDITI INDUSTRIES LTD.

Key Quantitative Figures

  • Number of shares allotted: 48,00,000 Fully paid-up Equity Shares
  • Face value per share: ₹10
  • Issue price per share: ₹27.50 (including premium of ₹17.50)
  • Total amount received: ₹9,90,00,000 (Nine Crore Ninety Lakh Only)
  • Post-allotment paid-up capital: ₹54,40,70,240
  • Post-allotment total shares: 5,44,07,024 equity shares of ₹10 each fully paid up
  • Number of allottees: 3 (Three)

Transaction Details

  • Type of issuance: Preferential allotment
  • Instrument converted: 48,00,000 Warrants converted to equal number of Equity Shares
  • Warrant allotment date: February 12, 2025
  • Payment structure: 25% paid at warrant subscription (₹6.875 per warrant), remaining 75% paid at conversion (₹20.625 per warrant)
  • Total warrant issue price: ₹27.50 per warrant

Warrant Terms

  • Tenure: 18 months from date of allotment (February 12, 2025)
  • Conversion right: 1 Equity Share per warrant
  • Exercise period: Commencing from date of warrant allotment until expiry of 18 months
  • Exercise method: Can be exercised in one or more tranches
  • Forfeiture clause: Unexercised warrants after 18 months lapse, and amount paid on such warrants stands forfeited by the company

Capital Structure Impact

The allotment increases the company's issued and paid-up capital from the previous level to ₹54,40,70,240 divided into 5,44,07,024 equity shares of ₹10 each fully paid up.

Financial Impact

Confirmed cash inflow of ₹9,90,00,000 received from warrant holders upon conversion.