New Delhi, April 28 -- One Point One Solutions shares are in focus during Monday's trading session after the small-cap company approved the conversion of 3,79,944 warrants into equity shares, as stated in an exchange filing. The board of One Point One Solutions authorized the conversion upon receiving Rs.80,70,010.56, which constitutes 75% of the issue price of Rs.21.24 per warrant, from the recipients. As a result of the allotment, the company's paid-up capital rose from Rs.52,49,94,310 to Rs.52,57,54,198.
In spite of this latest issuance, there are still 57,45,000 warrants awaiting conversion. Investors in possession of these warrants have a window of up to 18 months from the date of allotment to exercise their options by paying the re...
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