Peninsula Land Limited — Important, 18-04-2025: Updates

Delta Corp Limited has disclosed the conversion of 77,27,000 0% Unsecured Compulsorily Convertible Debentures into equity shares at a 1:1 ratio. Following this conversion, Delta Corp's ownership of Peninsula Land Limited has increased, bringing their total voting rights to about 67.71%. The updated equity base of Peninsula Land now stands at 33,17,28,220 shares, with a diluted capital of approximately 35,82,76,892 shares.

This strategic move strengthens Delta Corp's stake in Peninsula Land, providing enhanced control and influence over business decisions. Investors should monitor this development closely as it may lead to potential growth opportunities and a stronger market position for Delta Corp in the future.