Afloat Enterprises Limited has announced that Ispatika International Limited, a member of its promoter group, has increased its shareholding in the company.

This occurred through the conversion of warrants into 2,000,000 new equity shares.

This move signifies a strengthening of the promoter group's stake, reflecting their continued investment and confidence in the company's future prospects, directly impacting the shareholding structure and long-term outlook for existing investors.