GHV Infra Allots 83.33 Lakh Equity Shares on Warrant Conversion

GHV Infra Projects Ltd announced the allotment of 83,33,335 fully paid-up equity shares of face value Rs. 5/- each, pursuant to the conversion of 16,66,667 convertible warrants. This conversion follows earlier approvals for a sub-division of equity shares and a bonus issue, where each original warrant became convertible into 5 equity shares. The company received Rs. 50,00,00,100/- as 75% of the issue price per warrant. Post-allotment, the paid-up equity share capital increased to Rs. 40,20,41,675. Approximately 21,83,333 warrants remain pending for conversion.