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Salasar Techno Engineering Ltd. ( (IN:SALASAR) ) has shared an update.
Salasar Techno Engineering Limited, a company involved in engineering and infrastructure, has announced the conversion of 21,180,000 fully-convertible warrants into an equal number of equity shares. This conversion, approved by the company’s Finance Committee, increases the company’s issued and paid-up capital to Rs. 174,79,50,290. The new shares will rank equally with existing shares, and the conversion is part of a preferential allotment to promoters, enhancing the company’s equity base and potentially strengthening its financial position.
More about Salasar Techno Engineering Ltd.
Average Trading Volume: 2,090,190
Technical Sentiment Signal: Sell
Current Market Cap: 15.52B INR
For an in-depth examination of SALASAR stock, go to TipRanks’ Overview page.