Onesource Industries And Ventures Ltd

📈 OneSource Industries Allots 7.75M Convertible Warrants to 3 Investors

• Allotted 7,750,000 fully convertible warrants to three non-promoter investors

• Total issue amount: ₹4,72,75,000 at ₹6.10 per warrant

• Investors: Shibhu Maurya (6,500,000 warrants, ₹3,96,50,000), Vishan Das Tharani (250,000 warrants, ₹15,25,000), and Hitesh Kumar Loonia HUF (1,000,000 warrants, ₹61,00,000)

• Received 25% of the issue price upfront: ₹1,18,18,750

• Warrants convertible into equity shares within 18 months at an exercise price of ₹4.575 per warrant

• Each warrant converts to one equity share (face value ₹1, premium ₹5.10)

• No immediate change in paid-up share capital; conversion will occur upon future payment and exercise