Sonu Infratech Limited — QIP/Rights/Pref., 21-02-2025: Allotment of Securities

Sonu Infratech Limited has announced a board meeting outcome, detailing the allotment of 1,908,000 equity shares at an issue price of ₹75 each, raising ₹14.31 crore. This issuance expands the total paid-up equity share capital to ₹9.76 crore. Additionally, the board approved the allotment of 3,569,000 fully convertible equity warrants, also priced at ₹75 per warrant, with conversion expected within 18 months upon the payment of the remaining issue price. The cautionary notice regarding a prior delayed disclosure was acknowledged, advising improved compliance moving forward.