The Board of Directors of Pincon Spirit Ltd at its meeting held today i.e. on 26th September, 2017 which commenced at 10.00 a.m. and concluded at 10.30 a.m. have approved the part conversion of 2,000,000 convertible warrants into 2,000,000 Equity Shares out of total 5,706,128 convertible warrants to the below mentioned entities pursuant to exercise of their rights of conversion of warrants into Equity Shares and accordingly the Board of directors have allotted 2,000,000 Equity Shares on account of conversion.