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Xpro India Limited has executed the allotment of 50,000 fully paid equity shares to Sri Paulastya Sachdev, following the exercise of warrants issued at a total price of Rs. 316.88 lakh. Each share has a face value of Rs. 10 and a premium of Rs. 965, reflecting a growing confidence from public investors. As a result, the company’s issued and paid-up capital has increased to Rs. 22,22,53,910, with a total of 2,22,25,391 equity shares now outstanding.
The remaining 12,45,000 warrants must be converted by July 28, 2025, indicating a potential for further capital inflow. Investors should monitor this situation closely, as the successful conversion and subsequent capital deployment could bolster the company's financial stance and growth trajectory.