Univastu India Limited — Board Meeting, 17-01-2025: Outcome of Board Meeting

The Board of Directors has convened and approved the allotment of 6,83,000 convertible warrants and 6,30,990 equity shares on a preferential basis to specified investors. The convertible warrants are priced at ₹216 each, raising a total of ₹3.68 crore, while the equity shares, also priced at ₹216 each, garnered ₹13.63 crore. Both allotments follow prior approvals from the Board and shareholders, reflecting a strategic move to enhance capital structure and investor participation. The decisions support the company's growth trajectory and investor confidence.