Srestha Finvest allots 11.75 Cr equity shares from warrant conversion

Srestha Finvest Ltd's Board of Directors approved the allotment of 11,75,00,000 equity shares of Re.1/- each at a premium of Rs.0.05/- per share. This allotment is pursuant to the conversion of an equal number of convertible warrants by three non-promoter allottees. These warrants were part of the 85,30,00,000 convertible warrants previously issued on February 18, 2025, on a preferential basis. The company received the balance consideration amount aggregating to ₹9,25,31,250 from these allottees. The newly allotted equity shares will rank pari passu with the existing equity shares in all respects, including dividend and voting rights.