Sellwin Traders allots 50.35 lakh shares on warrant conversion
Sellwin Traders Ltd allotted 50.35 lakh equity shares (₹2 face value each) after warrant holders paid ₹4.125 per share. Post-allotment, paid-up equity capital stands at ₹45.98 crore, comprising 22.99 crore shares. The shares, allotted to 8 individuals, rank pari passu with existing shares. Unconverted warrants within 18 months would lapse, forfeiting the initial 25% payment.