DJ Mediaprint & Logistics Limited — Board Meeting, 02-01-2025: Outcome of Board Meeting

The Board of Directors of DJ Mediaprint & Logistics Limited has approved the allotment of 82,33,359 Convertible Equity Share Warrants at an issue price of Rs. 114 per Warrant, totaling approximately Rs. 93.86 Cr. The company has received an upfront amount of Rs. 23.47 Cr, which represents 25% of the issue price. Each warrant can be converted into one equity share within 18 months at a conversion price of Rs. 85.5. This strategic move may enhance capital structure and meet future funding needs.