Big Capital Move: Sadhav Shipping Approves Shares and Warrants at ₹118 Each

Sadhav Shipping Ltd has informed exchanges of key board approvals aimed at enhancing its capital structure. The company will issue 254,238 convertible warrants at ₹118 per share, providing investors with the option to convert into equity at a later stage. Additionally, the board has approved the issuance of 1,949,156 equity shares at the same price.

This dual issuance underscores the company’s focus on raising funds to support operational expansion and strategic initiatives. By pricing both instruments at ₹118 per share, Sadhav Shipping signals confidence in its valuation and long-term growth prospects.

Key Highlights

• Convertible Warrants: Issuance of 254,238 warrants at ₹118 per share.
• Equity Shares: Approval for 1,949,156 shares at ₹118 per share.
• Capital Strategy: Strengthens financial base and supports expansion plans.
• Investor Confidence: Pricing reflects consistent valuation and growth outlook.
• Future Impact: Provides flexibility through warrants and immediate capital infusion via equity shares.

Sources: Company Exchange Filing (Sadhav Shipping Ltd), BSE, NSE