Modulex Convert 3.39 Crore Warrants Into Equity Shares Raising ₹45.75 Crore

Modulex Construction Technologies approved the allotment of 3,38,88,610 equity shares to nineteen non-promoter investors following the conversion of warrants. Issued at ₹18 per share, the transaction realized ₹45.75 crore in cash, representing the final 75% subscription payment for the 1:1 warrant exercise.