Modulex Construction Technologies Limited has announced that its Board approved the conversion of 7,200 Convertible Warrants into an equal number of equity shares.

Each new share carries a face value of ₹10 and was allotted at a premium of ₹18. These equity shares were issued to non-promoter investors.

This conversion enhances the company's equity base and brought in ₹97,200, positively impacting its capital structure and operations.