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Anand Rayons Limited has forfeited 19,38,334 outstanding warrants issued at Rs. 78 each due to non-exercise. The warrants have lapsed and stand cancelled with no impact on equity share capital.
Anand Rayons Limited has forfeited Rs. 3.78 Crore following the lapse of 19,38,334 unexercised warrants. The warrants were originally issued on a preferential basis in February 2025.
Anand Rayons Ltd has allotted 4,38,463 equity shares upon conversion of warrants. The company received ₹2.57 Crore towards this preferential issue.