Websol raises Rs 48 crore via promoter warrant conversion
Websol Energy System Limited has completed a promoter-led capital raise of Rs 48.09 crore through the conversion of previously issued warrants into equity shares. The allotment was approved at a board meeting held on March 13, 2026. The shares were allotted to Websol Green Projects Private Limited, a promoter group entity led by Chairman Sohan Lal Agarwal. The warrants, originally issued in September 2024, were converted into 1.21 crore equity shares at Rs 53 per…