Dynamic Services & Security Limited — QIP/Rights/Pref., 18-11-2024: Preferential issue

Dynamic Services & Security Limited plans to increase its authorized share capital from ₹30 Cr to ₹75 Cr, enabling a potential expansion of equity shares. The company aims to raise funds through the issuance of up to 14,78,000 Convertible Equity Share Warrants at ₹346 each, aggregating approximately ₹51.14 Cr. These warrants will be offered to public investors on a preferential basis, allowing them to convert into equity shares at a later date. Approval from shareholders via a Postal Ballot will be sought for these actions, with voting commencing on November 19, 2024.