Dipna Pharmachem Ltd Allots 22.44 Lakh Equity Shares Following Conversion of Convertible Warrants

Dipna Pharmachem Ltd has allotted 22,44,000 equity shares pursuant to the conversion of 22,44,000 convertible warrants. The allotment was made to Mr. Ashok Dilipkumar Jain and Ms. Kajal Ashok Jain, who belong to the non-promoter category. The warrants were converted at a price of Rs. 13.05 each, including a premium of Rs. 3.05 each. The allotment has increased the company's paid-up equity share capital from Rs. 24,04,52,500.00 to Rs. 26,28,92,500.00.