Dhandapani Finance Ltd has announced that the Board of Directors of the Company at its meeting held on July 30, 2008, inter alia, has approved the issue and allotment of Redeemable Preference Shares to M/s. Zwirn Pragati Capfin Pvt Ltd to the extent of 2,22,60,000 of Rs 10/- each amounting to Rs 22,26,00,000/-.
