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Swojas Foods Limited (formerly Swojas Energy Foods Limited) announced that its board approved the conversion of 16,00,000 warrants into 16,00,000 equity shares, resulting in an increase in the company's paid-up equity share capital from Rs 44,26,33,120 consisting of 4,42,63,312 equity shares to Rs 45,86,33,120 consisting of 4,58,63,312 equity shares. The conversion, involving warrants held by Onelife Capital Advisors Limited, generated Rs 1,98,00,000.00 for the company, and the newly allotted equity shares will rank pari-passu with existing shares.
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