Dhansafal Finserve Ltd Converts 1,25,00,000 Share Warrants into Equity Shares

Dhansafal Finserve Ltd has approved and passed a resolution to convert 1,25,00,000 share warrants into 1,25,00,000 equity shares of face value Re.01/- each. The conversion was made by preferential allotment to the persons/entities as detailed in Annexure - ‘I’. The company has received an amount of Rs. 4,04,06,250/- at the rate of Rs. 3.2325/- per warrant. The equity shares allotted upon conversion of share warrants shall rank pari-passu with the existing equity shares of the Company in all respects. The paid-up equity capital of the Company has increased from Rs. 21,46,40,000 to Rs. 22,71,40,000.