Equity Expansion Alert: Sanjivani Paranteral Converts Warrants, Boosts Paid-Up Capital

Sanjivani Paranteral Ltd has achieved a major milestone today with the approval and allotment of 1,97,394 equity shares on conversion of an equal number of warrants. The Board of Directors in its meeting held on May 19, 2025, approved and considered conversion of the warrants, initially allotted on February 5, 2024, on preferential terms to the Promoter of the company, Ashwani Khemka whose shareholding in the company, post this issuance increased from 27.13% to 28.32%. It is done as the warrant holders exercised the option for conversion of warrants into fully paid-up equity shares of face value of Rs. 10 each.

As a result of this conversion, the company's paid-up equity share capital has increased to Rs. 12,07,90,880, now divided into 1,20,79,088 equity shares of Rs. 10 each from Rs. 11,88,16,940, divided into 1,18,81,694 equity shares. This should strengthen the company's capital base and provide more flexibility for long-term growth plans.

The management believes that this conversion will optimize shareholder value and form the basis for the company's long-term objectives. Shareholders and investors are invited to notice this development, which reflects Sanjivani Paranteral Ltd's commitment to capital appreciation and sound corporate governance.

Source: Sanjivani Paranteral Ltd Corporate Announcement