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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 an equal number of equity shares, increasing 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, following the exercise of conversion options by warrant holders, including Onelife Capital Advisors Limited. The conversion involved a payment of Rs 12.375 per share warrant, aggregating to Rs 1,98,00,000.
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