Dhariwalcorp Limited — Board Meeting, 16-07-2025: Outcome of Board Meeting

DHARIWALCORP has announced a board meeting where it approved a preferential allotment of 450,000 convertible warrants. These warrants are priced at Rs. 153.49 each. The company has already received 25% of the issue price, totaling Rs. 1.73 Cr upfront. The remaining 75% will be paid within 18 months upon conversion into equity shares. This fundraising move will bring in a total of Rs. 6.91 Cr upon full conversion. Promoters and public investors were among the allottees in this key strategic decision to raise capital.