SRG Housing Finance Limited — QIP/Rights/Pref., 18-03-2025: Allotment of Securities

SRG Housing Finance Limited has announced a board meeting focused on the allotment of 1,368,000 equity shares through a preferential issue, raising approximately ₹49.93 crore at an issue price of ₹365 per share (including a premium of ₹355). The allotted shares will fully rank alongside existing shares, increasing the total paid-up capital to ₹15.68 crore. This move likely enhances the company's financial flexibility and shareholder base, with M3 Investment Private Limited being the sole beneficiary of this allotment, now holding 9.17% of the total equity.