ALPHA TRIBE

Srestha Finvest LtdImportant, 13-04-2026: Company Update

13-04-2026 | 12:14 pm

Srestha Finvest's Board has approved the allotment of 11.75 Cr equity shares at Rs.1.05 per share, including a Re.0.05 premium. These shares were issued to three non-promoter group allottees who exercised their right to convert 11.75 Cr convertible warrants. This conversion is part of the 85.30 Cr warrants originally issued. The company received Rs. 9.25 Cr as the balance consideration for these converted warrants. This move expands the company's equity base and brings in additional capital.

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