Ganesha Ecosphere Limited — Important, 31-03-2025: General Updates

Ganesha Ecosphere Limited has announced a board meeting to approve the allocation of 1,10,000 fully paid-up equity shares, following the conversion of 1,10,000 warrants by GPL Finance Limited, a promoter group member. Each share, with a face value of ₹10, has been issued at ₹1035, resulting in total receipts of ₹8.54 crore. Post-allotment, the company’s paid-up equity capital increases from ₹253.47 crore to ₹254.57 crore. The conversion underscores the company's capacity to enhance equity and potentially strengthen shareholder confidence, while 13,39,000 warrants remain available for future conversion, with a July 2025 deadline.