Inter Globe Finance Ltd — Important, 16-10-2025: Company Update

InterGlobe Finance's board approved the conversion of 19,95,000 convertible warrants into new equity shares. These shares, priced at Rs. 46.50 each, were allotted to promoters and non-promoters, bringing in a total of Rs. 6.96 crore for the company. This action follows the full receipt of subscription money and is a step towards completing a previous preferential issue plan. The company will now initiate the process to list these newly issued shares on the stock exchange, a move that expands its equity base and reflects ongoing capitalisation strategies.