Rex Sealing & Packing Industries Ltd has successfully completed the conversion of 50,048 warrants into equity shares, marking the final phase of its warrant conversion program. The Board of Directors approved the allotment on April 17, 2026, during a meeting held from 11:00 AM to 11:15 AM at the company's registered office.

Warrant Conversion Details

The conversion involved the allotment of 50,048 equity shares at an issue price of Rs. 210 each, including a premium of Rs. 200 per share. The shares were allotted to Nirbhay Fancy Vassa in the non-promoter category on a preferential basis.

Capital Structure Impact

The warrant conversion has resulted in a significant change to the company's capital structure. The paid-up equity capital increased following the allotment of new shares.

Warrant Program Completion

The company has now completed the conversion of all outstanding warrants. The warrants were originally issued on November 01, 2024, with a conversion period of 18 months. Warrant holders initially paid 25% of the issue price (Rs. 52.50 per warrant) at the time of allotment and paid the remaining 75% (Rs. 157.50 per warrant) upon conversion.

Regulatory Compliance

The allotment was conducted in compliance with SEBI (ICDR) Regulations, 2018, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had received in-principle approval from BSE Limited vide letter No: LOD/PREEF/AB/FIP/587/2024-25 dated October 18, 2024.

The newly allotted equity shares will rank pari-passu with existing equity shares of the company, entitling holders to dividends and corporate benefits declared after the allotment date. The shares will be credited to the allottee's demat account in dematerialized form through corporate action with depositories after obtaining necessary approvals from BSE Limited.

Rex sealing & packing industries Limited has filed its shareholding pattern disclosure as on March 31, 2026, with the Bombay Stock Exchange in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure provides a comprehensive breakdown of the company's ownership structure and warrant position.

Shareholding Structure

The company's shareholding pattern as on March 31, 2026, demonstrates a promoter-dominated ownership structure with clear demarcation between promoter and public holdings.

The promoter and promoter group maintain a controlling stake of 63.95% with 16,20,990 equity shares, while public shareholders hold the remaining 36.05% comprising 9,13,962 shares. The total issued equity capital stands at 25,34,952 shares.

Warrant Position and Conversion Status

Rex Sealing & Packing Industries has an active warrant program as part of its capital structure. The company has issued a total of 3,65,000 convertible warrants to raise additional capital. As of March 31, 2026, the conversion status shows 50,048 warrants remain pending conversion into equity shares.

Regulatory Compliance and Disclosures

The disclosure was made pursuant to Regulation 31(4) of SEBI (SAST) Regulations 2011, which mandates periodic reporting of shareholding patterns by listed companies. Managing Director Naresh Manjunath Nayak (DIN 00347765) signed the disclosure documents on behalf of the company.

Key compliance highlights include:

• No encumbrance of shares reported during the period ended March 31, 2026
• Timely submission to Bombay Stock Exchange on April 14, 2026
• Proper documentation with required regulatory references
• Complete disclosure of promoter group holdings

Company Profile

Rex Sealing & Packing Industries Limited operates as an ISO 9001:14001 certified company with its corporate office located at Byculla East, Mumbai, and manufacturing facility at MIDC Industrial Area, Taloja, Maharashtra. The company holds a CRISIL rating of SE 2B, indicating high performance capability with moderate financial strength.