New Delhi, June 28 -- Servotech Renewable Power System share price will be in focus on Monday after the company announced the conversion of 10,00,000 warrants into an equal number of equity shares.

The company said it has allotted 10 lakh equity shares of face value Re 1 each at an issue price of Rs.83.40 per share - including a premium of Re 82.40 - to Coeus Global Opportunities Fund. The allotment was made after receiving a total of Rs.6.25 crore, at Rs.62.55 per warrant, which is 75% of the issue price.

The allotment was approved by the Sub-Committee of the Board of Directors at its meeting held on Friday, June 27, 2025. This is part of a larger allotment of 89 lakh warrants issued on January 6, 2024, on a preferential basis to non-p...