Tirupati Forge issues 37 lakh equity warrants at ₹58 each

Tirupati Forge issues 37 lakh equity warrants at ₹58 each. The warrants are convertible into one fully paid-up equity share of ₹2 face value each. Total potential equity issuance stands at 37,00,000 shares, raising up to ₹214.6 crore if fully converted. This move aims to strengthen the company’s capital structure and fund future growth initiatives.

📊 STOCKS: $TIRUPATIFORGE | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Warrants