One Point One Solutions Limited — Board Meeting, 13-12-2024: Outcome of Board Meeting

The Board of Directors has approved the conversion of 17,85,714 convertible warrants into an equal number of equity shares at an issue price of Rs. 56 each. This decision increases the company’s paid-up capital from Rs. 51.09 Cr to Rs. 51.44 Cr, representing a total of 25,72,28,589 equity shares issued at a face value of Rs. 2. The new shares will be fully paid and rank equally with existing shares. This move is indicative of ongoing strategic financing efforts aimed at strengthening the company’s capital structure.