Upsurge Investment & Finance Ltd — Important, 23-02-2026: Company Update

Upsurge Investment & Finance's Board approved the allotment of 1.85 crore equity shares at Rs. 73 each (face value Rs. 10, premium Rs. 63). This follows the conversion of convertible warrants by promoters and strategic investors. The company received Rs. 10.13 crore from these conversions. As a result, the paid-up equity share capital increased from Rs. 20.07 crore (2.007 crore shares) to Rs. 21.92 crore (2.192 crore shares). This move strengthens the company's capital base.