SHREE SALASAR INVESTMENTS : ALLOTS WARRANTS WORTH OVER RS 32 CR

• Board approved allotment of 18,50,000 convertible warrants on preferential basis to promoter and identified non-promoter persons • Issue price ₹175 per warrant, aggregating ₹32.38 Cr; warrants carry right to one equity share each • Allottees to pay remaining 75% of issue price within 18 months from allotment for conversion • Four allottees; Ajay Dilkush Sarupria and Shailesh Ginsulal Hingarh get 9,00,000 warrants each • No change in paid-up equity share capital on issue of warrants; BSE in-principle approval received • Post full conversion, total equity base rises to 65,44,557 shares from 46,94,557

Shree Salasar Investments Ltd

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