Dhansafal Finserve Converts Warrants to 1 Cr 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 Rs. 3,23,25,000 as the remaining 75% of the issue price per warrant, totaling Rs. 4.31 per warrant. This conversion increases the company's paid-up equity capital from Rs. 22,71,40,000 to Rs. 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.