Z-Tech India Allots 585,300 Shares At Rs500 On Warrant Conversion

Board allotted 5,85,300 shares at Rs500 on warrant conversion for Rs21.9Cr. 24,000 warrants lapsed with 0.3Cr forfeited. Paid-up now 1,59,70,248 shares; no warrants remain. Closes the preferential warrant overhang; latest in equity raises funding park co-invest and working capital. Near-full conversion including promoter group signals commitment. Inflow eases working-capital funding pressure but increases share count and dilutes EPS. No further conversion overhang remains; actual deployment of proceeds not disclosed.