SC Agrotech Limited Allots 2.60 Crore Equity Shares Through Warrant Conversion to Non-Promoter Investors

SC Agrotech Limited announced a significant capital expansion through the allotment of 2,59,50,000 equity shares following the conversion of fully convertible equity warrants. The Board of Directors approved this strategic move during their meeting held on January 19, 2026, marking a substantial increase in the company's equity base.

Warrant Conversion Details

The allotment involves the conversion of 2,59,50,000 fully convertible equity warrants out of a total 7,00,00,000 warrants that were originally issued on December 03, 2025. Each warrant carried an issue price of ₹16.00 and was allocated through preferential allotment to non-promoter category investors. The newly allotted equity shares carry a face value of ₹10.00 each, maintaining consistency with the company's existing share structure.

Allottee Distribution

The warrant conversion benefited seven individual investors, all classified under the non-promoter category. The distribution demonstrates a relatively balanced allocation among the participants:

Allottee Name:	Category:	Shares Allotted:
Parmar Dipakbhai Dalabhai	Non-Promoter	36,95,000
Nayi Lucky Harshadhai	Non-Promoter	37,25,000
Prajapati Yogeshkumar	Non-Promoter	37,15,000
Rathod Sejalben Rakeshkumar	Non-Promoter	37,30,000
Didavala Phalguna Chintan	Non-Promoter	36,80,000
Bandal Rahulkumar Rakeshrao	Non-Promoter	37,00,000
Mitesh Rameshbhai Solanki	Non-Promoter	37,05,000
Total		2,59,50,000

Capital Structure Impact

The warrant conversion has resulted in a substantial transformation of SC Agrotech Limited's capital structure. The company's paid-up equity share capital experienced significant growth following this allotment:

Parameter:	Before Allotment	After Allotment	Change
Paid-up Capital	₹35.22 crores	₹61.17 crores	+₹25.95 crores
Total Equity Shares	3,52,20,000	6,11,70,000	+2,59,50,000
Face Value per Share	₹10.00	₹10.00	No change

Board Meeting Proceedings

The Board of Directors conducted their meeting on January 19, 2026, commencing at 6:00 PM and concluding at 6:50 PM. The meeting was held in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Pratikkumar Bharatbhai Patel, holding DIN 11211517, signed the official communication regarding the allotment outcome.

This warrant conversion represents a significant milestone in SC Agrotech Limited's capital expansion strategy, substantially increasing the company's equity base while bringing in new non-promoter investors. The successful conversion of approximately 37% of the total issued warrants demonstrates investor confidence in the company's prospects and provides additional capital for future business operations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.98%	-9.55%	+62.24%	+135.17%	+135.77%	+3,531.37%

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.

Parameter:	Details
Warrants Converted (Jan 01):	73,95,000
Total Warrant Pool:	7,00,00,000
Face Value per Share:	₹10.00
Issue Price per Warrant:	₹16.00
Original Issue Date:	December 03, 2025

Current Allottee Distribution

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

Sr. No.	Name of Allottee	Category	Shares Allotted
1	Saize Enterprise Private Limited	Non-Promoter	37,05,000
2	Parmar Divyeshkumar Ramanbhai	Non-Promoter	36,90,000
	Total (January 01)		73,95,000

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.

Parameter:	Original	After Dec 29	After Jan 01
Paid-up Capital:	₹5,99,50,000	₹27,82,50,000	₹35,22,00,000
Number of Shares:	59,95,000	2,78,25,000	3,52,20,000
Total Warrants Converted:	-	2,18,30,000	2,92,25,000
Remaining Warrants:	-	4,81,70,000	4,07,75,000

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.