Titan Intech Ltd

Titan Intech Ltd. Converts ₹55/Share Warrants into Equity 📈

• Board approved conversion of convertible equity share warrants into equity shares.

• Total of 2,55,00,000 equity shares allotted via preferential issue.

• Major allottees: HOMEELLA STRUCTURES PRIVATE LIMITED (65,00,000 shares), MISTHE AVENUES PRIVATE LIMITED (65,00,000 shares), ROVOTIC CONSULTING PRIVATE LIMITED (55,00,000 shares), and ARRUTTLAS SUPPLIES PRIVATE LIMITED (55,00,000 shares).

• Minor allottees: AKHILESH KUMAR (5,00,000 shares), SAMEER FINANCIAL SERVICES PVT. LTD. (5,00,000 shares), and MAITHRI ADVIORS AND PLANNERS PRIVATE LIMITED (5,00,000 shares).

• Original issue price was ₹55 per warrant (face value ₹10, premium ₹45) in November 2024.

• Face value of shares reduced to ₹1.00, increasing total share count upon conversion.