ReferIndia News Shree Salasar Investments Board Approves Rs. 32.38 Crore Warrant Issuance

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Shree Salasar Investments Board Approves Rs. 32.38 Crore Warrant Issuance

Published on: Feb. 26, 2026, 2:14 p.m. | Source: scanx.trade

Shree Salasar Investments Limited's board approved a Rs. 32.38 crore warrant issuance comprising 18,50,000 warrants at Rs. 175 each during their February 26, 2026 meeting. The preferential allotment will be distributed among four investors, with promoters Ajay Sarupria and Shailesh Hinharh receiving 9,00,000 warrants each. The warrants are convertible into equity shares within 18 months and require shareholder approval through an Extra-Ordinary General Meeting.

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