Dhanvarsha Finvest Ltd allots 1,06,250 on conversion of CCDs

The Board of Directors of Dhanvarsha Finvest Limited, have vide resolution passed by circulation approved the allotment of 1,06,250 equity shares having face value of Rs. 2/- each at a premium of Rs. 78/- per share upon conversion of Compulsorily Convertible Debentures (CCDs) to the below mentioned allottees.

Ms. Dipti Mehta - 52,500
Ms. Meenu Chauhan - 12,500
Mr. Sudhir Sheth - 25,000
Mr. Abhijeet Salelkar - 12,500
Ms. Priyanka Singh - 3,750

Consequently, the paid-up equity share capital of the Company has increased from Rs. 21,53,36,078/- comprising of 10,76,68,039 equity shares of Rs.2/- each to Rs.21,55,48,578/- comprising of 10,77,74,289 equity shares of Rs.2/- each.

The aforementioned equity shares allotted shall rank pari-passu with the existing equity shares of the Company.

Source : Equity Bulls

Keywords

DhanvarshaFinvest SharesAllotment CCDsConversion