SC Agrotech Limited has completed another significant warrant conversion, with the Board of Directors approving the allotment of 73,95,000 additional equity shares on January 01, 2026. This follows the company's previous warrant conversion of 2,18,30,000 shares completed on December 29, 2025, demonstrating continued capital expansion through its preferential allotment program.

Latest Warrant Conversion Details

The board meeting held on January 01, 2026, which commenced at 06:00 PM and concluded at 06:30 PM, approved the conversion of 73,95,000 fully convertible equity warrants from the original pool of 7,00,00,000 warrants. Each equity share carries a face value of ₹10.00 and was issued at ₹16.00 per warrant through preferential allotment.

Current Allottee Distribution

The latest equity shares were distributed among two non-promoter category entities:

Cumulative Capital Structure Impact

The successive warrant conversions have substantially transformed SC Agrotech Limited's capital structure. The company's paid-up equity share capital has increased progressively through both conversion tranches.

Previous Warrant Conversion Summary

The December 29, 2025 conversion involved 2,18,30,000 equity shares distributed among six individual non-promoter investors including Parmar Sureshbhai Makansinh, Rathod Rohitkumar Munnabhai, Ajitkumar Lallubhai Parmar, Pravinbhai Bharatbhai Gohil, Solanki Kamlesh Ganpatbhai, and Arifkhan Akbarkhan Makrani.

Regulatory Compliance and Documentation

Both allotments were conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proceedings were formally documented and approved by Managing Director Pratikkumar Bharatbhai Patel (DIN: 11211517), with outcomes communicated to BSE Limited under scrip code 526081.

The combined warrant conversions represent approximately 41.75% utilization of the total 7,00,00,000 warrants issued, providing SC Agrotech Limited with substantial capital infusion while maintaining significant potential for future expansion through the remaining warrant pool.

SC Agrotech Limited, a company listed on the Bombay Stock Exchange, has reported a significant turnaround in its financial performance for the first quarter. The company's Board of Directors approved the unaudited standalone financial results for the quarter ended June 30, revealing a notable improvement in both revenue and profitability.

Revenue Surge

SC Agrotech Limited reported a substantial increase in revenue from operations, which stood at Rs 213.53 lacs for the quarter. This marks a significant improvement compared to zero revenue in both the previous quarter and the same quarter of the previous year.

Profitability Improvement

The company's net profit for the quarter was Rs 1.96 lacs, showcasing a remarkable turnaround from a loss of Rs 75.35 lacs in the preceding quarter. This positive shift in profitability is particularly noteworthy given the challenging economic environment.

Operational Highlights

The total expenses for the quarter were Rs 210.88 lacs, primarily driven by purchases of stock-in-trade amounting to Rs 208.48 lacs. Employee benefits expenses were reported at Rs 2.40 lacs.

Financial Position

SC Agrotech Limited's paid-up equity share capital remained stable at Rs 599.50 lacs, with a face value of Rs 10 per share. The company reported basic and diluted earnings per share of Rs 0.03 for the quarter.

Auditor's Review

The financial results were subject to a limited review by the company's statutory auditors, MARKS & CO., who issued an unmodified opinion. This indicates that the auditors found no significant issues or discrepancies in the financial statements.

Management Commentary

Dinesh Kacharaji Mochi, Managing Director of SC Agrotech Limited, signed off on the financial results. The company's board meeting to approve these results was held on August 14, commencing at 9:00 PM and concluding at 10:00 PM.

Outlook

While the company has shown a positive turnaround in this quarter, it's important to note that these are standalone results for a single quarter. Investors and stakeholders will likely be watching closely to see if this improved performance can be sustained in the coming quarters.

SC Agrotech Limited's ability to generate revenue and return to profitability after previous periods of no revenue and losses is a positive sign. However, the company's future performance will depend on various factors, including market conditions, operational efficiency, and its ability to maintain and grow its revenue streams.

The company's financial statements have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with the requirements of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.