Manoj Ceramic Ltd

📈 Manoj Ceramic Ltd. Allots 100,000 Shares to Promoter via Warrant Conversion

• Manoj Ceramic Ltd. (BSE: MCPL) allotted 100,000 equity shares to promoter Dhruv Manoj Rakhasiya upon conversion of warrants.

• Each share has a face value of ₹10 and was issued at ₹161, including a premium of ₹151 per share.

• The conversion followed receipt of the remaining 75% subscription amount (₹120.75 per warrant).

• The company's paid-up equity share capital increased to ₹13.80 crore, comprising 1.38 million fully paid-up equity shares.

• Dhruv Rakhasiya's shareholding rose from 7.86% (1,078,600 shares) to 8.54% (1,178,600 shares) post-allotment.

• The board meeting was held on April 22, 2026, and approved the allotment.

• The conversion was based on BSE's in-principle approval received on December 6, 2024, and shareholder approval dated November 14, 2024.