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, raising a total of approximately Rs. 93.86 crore. The company received an upfront amount of Rs. 23.47 crore, representing 25% of the total issue price. Each Warrant is convertible into one fully paid-up equity share at a value of Rs. 10, with the balance payment due within 18 months. This move signifies strategic financing aimed at enhancing the company's equity base.