Dhansafal Finserve Ltd. Converts Share Warrants into Equity Shares
Dhansafal Finserve Limited, formerly known as Luharuka Media & Infra Limited, announced the conversion of 1,25,00,000 share warrants into 1,25,00,000 equity shares on Monday, March 30, 2026. The conversion was approved via a circular resolution by the company’s board of directors.The allotment of equity shares occurred through a preferential allotment, with each share having a face value of Rs. 0.01. The company received Rs. 4,04,06,250 at a rate of Rs. 3.2325 per warrant, representing the remaining 75% of the issue price per warrant.
Following the conversion, Dhansafal Finserve Limited’s paid-up equity capital has increased from Rs. 21,46,40,000 (consisting of 21,46,40,000 equity shares) to Rs. 22,71,40,000 (consisting of 22,71,40,000 equity shares).
Luharuka Exports Private Limited received the largest share of the converted warrants, with 4,40,00,000 warrants converted and a post-conversion shareholding of 4,57,30,000 shares, representing 20.13% of the total issued shares.
Here's a summary of the share warrant conversion details:
| Sr. No | Investor Name | Pre- Share holding | Share Warrants Allotted | Share Warrants converted | Share Warrants applied for Conversion | Balance Paid | Total Amount Paid | Post Shareholding [No. of Share] | Post Shareholding [%] |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Luharuka Exports Private Limited | 2,15,00,000 | 4,40,00,000 | 1,17,30,000 | 1,25,00,000 | 4,04,06,250 | 5,38,75,000 | 4,57,30,000 | 20.13% |
| Total | Total | Total | Total | Total | Total |
The equity shares allotted rank pari-passu with the existing equity shares of the Company in all respects. The company’s website, www.dhansafal.com, contains further details.
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