Srestha Finvest's Board has approved the allotment of 15.26 Cr new equity shares at Re.1.05 per share, including a Re.0.05 premium.

These shares were issued to two non-promoter investors who exercised their convertible warrants.

This conversion is part of a previous preferential warrant issue where 25% of the subscription amount was already paid.

The remaining Rs. 12.02 Cr has now been received for these conversions.

This move increases the company's equity capital by 15.26 Cr shares, reflecting the completion of a fundraising step from these investors.