One Point One Solutions Limited — QIP/Rights/Pref., 13-12-2024: Allotment of Securities

One Point One Solutions Limited has converted 1,785,714 convertible warrants into an equal number of equity shares at an issue price of ₹56 each. The conversion, approved by the Board, has increased the company's paid-up capital to ₹514,457,178, consisting of 25,722,859 fully paid-up equity shares. The warrants were initially issued as part of a preferential allotment, with the total amount raised from this transaction approximating ₹74.99 crore. The sole beneficiary of this allotment is OVATA EQUITY STRATEGIES MASTER FUND.