Dhanvarsha Finvest has informed that the Board of Directors of the Company, have vide resolution passed by circulation approved the allotment of 1,06,250 equity shares having face value of Rs 2 each at a premium of Rs 78 per share upon conversion of Compulsorily Convertible Debentures (CCDs) to the mentioned allottees as per details attached. Consequently, the paid-up equity share capital of the Company has increased from Rs 21,53,36,078 comprising of 10,76,68,039 equity shares of Rs 2 each to Rs 21,55,48,578 comprising of 10,77,74,289 equity shares of Rs 2 each. The aforementioned equity shares allotted shall rank with the existing equity shares of the Company.
The above information is a part of company’s filings submitted to BSE.
