Srestha Finvest Allots 15.25 Cr Equity Shares on Warrant Conversion

Srestha Finvest Ltd announced the outcome of its Board Meeting held on August 17, 2026. The board approved the allotment of 15,25,79,365 equity shares of Re.1/- each at a premium of Rs.0.05/- per share. These shares were issued pursuant to the conversion of an equal number of convertible warrants. This conversion is part of a larger allotment of 85,30,00,000 convertible warrants initially issued on February 18, 2025. The allotment is on a preferential basis to non-promoter allottees who have deposited the balance consideration amount. The newly allotted shares will rank pari passu with existing equity shares.