Jupiter Wagons allots new equity shares to promoter Tatravagonka

Jupiter Wagons Limited has allotted 2,872,340 equity shares to TATRAVAGONKA A.S., a promoter of the company. This follows the conversion of an equal number of convertible warrants issued on June 29, 2024, through a preferential allotment. The initial warrant issue price was INR 470 per warrant, with 25% (INR 117.50) received as an initial subscription.

The Fund Raising Committee approved the conversion on December 19, 2025, after receiving the remaining balance subscription of INR 352.50 per warrant (75% of the issue price). Each new equity share has a face value of INR 10 and a premium of INR 460 per share.

Following this allotment, Jupiter Wagons' issued, subscribed, and paid-up capital has increased. The promoter group's shareholding has risen from 68.09% to 68.31% of the total issued capital. The newly allotted shares will rank equally with existing equity shares, including dividend and voting rights.