In terms of the provisions of SEBI (LODR) Regulations, 2015, Shalibhadra Finance has informed that the Board of Directors of Shalibhadra Finance at their Meeting held today i.e., 24th February, 2023 at 11:15 am has considered and approved the allotment of 6,25,000 Equity Shares of Face Value Rs 10 each at a premium of Rs 122.54 each pursuant to conversion of Convertible Warrants (Second Tranche) which were issued and allotted on Preferential basis on March 28, 2022 pursuant to and in compliance with the provisions of Chapter V of the SEBI (Issue of Capital and Disclosures Requirements) Regulations, 2018 through Resolution passed in the Extra Ordinary General Meeting held on March 7, 2022 pursuant to the provisions of Section 42, 62 and other applicable provisions of The Companies Act, 2013 for which In Principle approval has been received from BSE vide Letter no. DCS/PREF/JR/PRE/2016/2021-22 dated March 16, 2022.
The above information is a part of company’s filings submitted to BSE.