Dynemic Products Limited — QIP/Rights/Pref., 06-03-2025: Conversion

Dynemic Products Ltd. has announced a board meeting, during which it approved the allotment of 4,00,000 equity shares at an issue price of Rs. 308.50 per share, following the conversion of the same number of warrants. The total subscription received amounts to approximately Rs. 12.34 crores, resulting in an increase in the paid-up share capital. Promoter shareholding will slightly decrease to 29.38% post-allotment, while public shareholding rises to 70.62%. This conversion reflects the company's strategy to bolster equity and facilitate future growth.