Uravi Defence completes equity share allotment, 1.1m warrants lapse

Uravi Defence and Technology Limited announced today, December 16, 2025, that it has completed the allotment of equity shares stemming from the conversion of warrants. This action follows a circular resolution by the board of directors on June 13, 2025, which had approved the issuance of 1,500,000 warrants, exercisable within 18 months, or by December 12, 2025.

Out of the total warrants issued, 400,000 warrants were duly exercised and converted into equity shares. The remaining 1,100,000 warrants have now lapsed due to the expiration of the exercise period. This update aligns with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The announcement was signed by Kaushik Damji Gada, whole-time director & CFO, and submitted to both the National Stock Exchange of India Limited and BSE Limited.