SPML Infra allots shares after warrant conversion

SPML Infra Limited's board of directors, through a circular resolution on November 20, 2025, approved the allotment of 3,205,128 equity shares. Each share has a face value of Rs 2/- and was issued upon the exercise of rights attached to an equal number of convertible warrants. These warrants were held by Zoom Industrial Services Ltd and SPML India Ltd, both members of the company's promoter group.

The conversion price for the warrants was set at Rs 118.56/- per equity share, which includes a premium of Rs 116.56/- on a preferential basis. This allotment adheres to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.