Dhani Services Limited — Board Meeting, 31-12-2024: Outcome of Board Meeting

The Board of Directors of Dhani Services Limited has announced a board meeting, during which it approved raising funds of up to ₹406.35 Cr through the issuance of 4.5 crore convertible warrants at an exercise price of ₹90.30 per equity share. The funds will be allocated to promoter group entities. To seek shareholder approval for this issuance, an Extraordinary General Meeting has been scheduled for January 25, 2025. This strategic move could bolster the company’s financial position and support future growth initiatives.