Sonu Infratech Limited — QIP/Rights/Pref., 29-03-2025: Allotment of Securities

Sonu Infratech Limited has announced a board meeting on March 29, 2025, where it approved the allotment of 591,000 equity shares at an issue price of Rs. 75 each, following the conversion of warrants held by various investors, raising a total of Rs. 3.32 crore. This move increases the company’s paid-up equity share capital to Rs. 10.34 crore, enhancing its financial position. The conversion reflects confidence from warrant holders and could signal strengthening shareholder support. This development may positively influence investor sentiment by highlighting the company’s commitment to capital growth and restructuring.