Jyoti Structures converts warrants into equity, boosts capital

Jyoti Structures Limited (BSE:JYOTISTRUC) announced the conversion of convertible warrants into equity shares, according to a board meeting held on June 18, 2025. The decision follows an earlier intimation on December 30, 2023, regarding the allotment of up to 607,500,000 convertible warrants at an issue price of INR13.20 each. One warrant holder has applied for the conversion, paying the remaining exercise price of INR9.90 per warrant. Consequently, the Board approved the conversion of said warrants into equity shares. Post-allotment, the issued capital increased to 119,07,58,064 shares with a value of INR238,15,16,128, while the paid-up capital rose to 119,07,42,804 shares, valued at INR238,14,85,608. A total of 7,50,000 equity shares were issued, increasing paid-up capital of the company.