OK Play India Limited has announced a board meeting on which it approved the allotment of 50 lakh equity shares to specified non-promoter investors upon conversion of warrants at Rs.13.50 per share.

The allotment includes 8 lakh shares to Earthbound Ventures LLP, 32 lakh shares to Leisure Enterprises LLP, and 10 lakh shares to Nisha Mantri, raising Rs.4.56 Cr.

This capital infusion strengthens the company’s financial position and supports ongoing business operations and expansion plans.