Back
Corporate News
Chatha Foods Limited’s board approved allotment of shares following warrant conversion, receiving Rs 15.24 million
10-Aug-2026, 04:56
Chatha Foods Limited announced that its Board of Directors approved the allotment of 16,000 equity shares to Mr. Iqbal Singh Chatha upon the conversion of an equal number of convertible warrants, receiving Rs 15,24,000 in consideration at an exercise price of Rs 95.25 per share. Consequently, all 1,19,000 convertible warrants initially allotted on a preferential basis have now been fully converted into equity shares.
Chatha Foods Limited announced that its Board of Directors approved the allotment of 16,000 equity shares to Mr. Iqbal Singh Chatha upon the conversion of an equal number of convertible warrants, receiving Rs 15,24,000 in consideration at an exercise price of Rs 95.25 per share. Consequently, all 1,19,000 convertible warrants initially allotted on a preferential basis have now been fully converted into equity shares.