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Shipwaves Online Approves ₹14.99 Crore Preferential Warrant Issue


1 September 2026
Shipwaves Online Ltd.

Board approved a proposed preferential issue of up to 3.332 crore convertible warrants at ₹4.50 each, raising up to ₹14.99 crore, subject to shareholder and regulatory approvals. Mukka Proteins (promoter group) would receive 2.932 crore warrants; full conversion would expand shares 23.5% to 17.4815 crore within 18 months.


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