Thrive Future Habitats Allots 93.12 Lakh Equity Shares on Warrant Conversion

Thrive Future Habitats Ltd has allotted 93,12,364 equity shares of face value ₹10 each, following the conversion of fully convertible warrants. The warrants were issued at ₹31.41 each, and the conversion represents an aggregate consideration of ₹29.25 Crore. This allotment increases the company's paid-up equity share capital from ₹11.32 Crore to ₹20.63 Crore. The new shares rank pari-passu with existing equity shares. The conversion involved identified persons from the Promoter and Public categories, with all warrants now fully converted and no outstanding warrants remaining.