ALPHA TRIBE

One Point One Solutions LimitedBoard Meeting, 06-03-2025: Outcome of Board Meeting

06-03-2025 | 07:25 pm

The board has approved the conversion of 50,00,000 convertible warrants into an equal number of equity shares, raising ₹10.62 crore. This conversion was executed following the receipt of 75% of the issue price from the allottees. Consequently, the company's paid-up capital rises from ₹51.49 crore to ₹52.49 crore, reflecting an increase in equity shares from 25,74,78,589 to 26,24,78,589. Additionally, 61,24,944 warrants remain pending for conversion, with holders entitled to convert them within 18 months by paying the remaining 75% of the issue price.

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