Vikram Kamats Hospitality Warrant Conversion: 144,000 Shares

Vikram Kamats Hospitality Limited's Allotment Committee approved the conversion of 1,44,000 warrants into equity shares for promoter Dr. Vikram V. Kamat.
The conversion increases the company's paid-up equity capital from ₹17.29 crore to ₹17.43 crore and raises Dr. Kamat's holding from 7.38% to 8.15%.
The allotment was executed at a warrant exercise price of ₹51.80 per share, generating ₹74.59 lakh in subscription funds for the company.
This action was disclosed under SEBI LODR Regulation 30, following preferential warrant allotments made on September 28, 2024.