Servotech Renewable Power System Limited (SERVOTECH) — Corporate Action | 10 June 2026

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📢 Key Event
58,50,000 convertible warrants lapsed and Rs. 24,48,22,500 upfront amount forfeited

🔄 What Changed
58,50,000 warrants lapsed; Rs. 24,48,22,500 forfeited

💡 Investor Takeaway
Shareholders face no immediate dilution as warrants expired without conversion and forfeited amount is accounted for.

Servotech Renewable Power System Limited announced that 58,50,000 convertible warrants allotted on 10th December 2024 at Rs. 167.40 per warrant lapsed on 10th June 2026 as no conversion option was exercised within the 18-month period. The upfront amount of Rs. 24,48,22,500, representing 25% of the issue price, has been forfeited by the company.

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About Servotech Renewable Power System Limited (SERVOTECH)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹2,104.88 Cr P/E: 72.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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