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Srestha Finvest allotted 15.26 crore equity shares upon conversion of warrants, receiving a balance consideration of Rs.12.02 crore from investors.
Srestha Finvest Limited approved the allotment of 11.75 Crore equity shares following the conversion of 11.75 Crore warrants. The conversion, priced at Rs.1.05 per share including premium, involved a total consideration of ₹12.34 Crore. Three allottees from the non-promoter group exercised their conversion rights after depositing the balance consideration.