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 received an upfront payment of Rs. 23.46 Cr, which is 25% of the total issue price. Each Warrant can be converted into one fully paid-up equity share at a face value of Rs. 10 within 18 months from the allotment. No changes are expected in the paid-up equity capital upon this allotment.