Dhansafal Finserve Converts 1 Cr Warrants to Equity Shares

Dhansafal Finserve Ltd announced the conversion of 1,00,00,000 share warrants into 1,00,00,000 equity shares of face value Re. 01/- each via preferential allotment. The company received the remaining 75% of the issue price, totaling ₹3,23,25,000, at ₹3.2325 per warrant. This conversion increases the company's paid-up equity capital from ₹22,71,40,000 to ₹23,71,40,000. The newly allotted shares will rank pari-passu with existing equity shares. Luharuka Exports Private Limited is the investor involved in this conversion.