The Board of Directors of Cressanda Solutions Limited at their meeting held today i.e. on May 03, 2022 has allotted 9,49,18,000 equity shares of face value of Re. 1/- each pursuant to exercise of 9,49,18,000 convertible warrants.
These equity shares allotted on conversion of the warrants, shall rank pari passu, in all respects with the existing equity shares.
Post the allotment of equity shares, the paid-up equity shares of the Company has increased from Rs. 30,35,77,500/- to Rs. 39,84,95,500/- .