Jupiter Wagons Limited has announced the successful allotment of 28,72,340 equity shares to TATRAVAGONKA A.S., a promoter of the company, pursuant to the conversion of warrants. This action follows an earlier allotment of these convertible warrants on June 29, 2024, on a private placement basis. The Fund Raising Committee of the Board of Directors, in its meeting held on December 19, 2025, approved the conversion. The equity shares were allotted at a premium of ₹460 per share, with a face value of ₹10 each, against the receipt of the balance subscription amount. Following this allotment, the company's issued, subscribed, and paid-up equity share capital has increased. The total number of shares has risen from 42,44,98,049 to 42,73,70,389. Consequently, the promoter group's shareholding has seen a slight increase, moving from 68.09% to 68.31% of the total issued capital. The newly allotted shares will rank pari passu with the existing equity shares, entitling them to the same dividends and voting rights.