Naapbooks Ltd

šŸ’° Naapbooks Ltd Sells Ahmedabad Property & Updates Share Conversion Details

- Sold immovable property in Ahmedabad (644 sq. ft. super built-up area) to Mr. Sagar Dipkabhai Rajguru for ₹34.00 Lacs (excluding taxes).

- Property located at Golden Signature building, Office/Unit No. 201, Ellisbridge, Ahmedabad.

- Sale expected to complete by February 28, 2026, with no operational impact.

- Converted 48,000 warrants into equity shares at ₹61 per share (₹10 face value + ₹51 premium).

- Received ₹21,96,000 (75% of exercise price) from warrant conversion.

- Paid-up equity share capital increased from ₹10,78,62,000 (1,07,86,200 shares) to ₹10,83,42,000 (1,08,34,200 shares).

- 24,93,100 warrants remain pending for conversion out of 26,13,100 originally allotted on December 10, 2024.