Dhani Services allots shares to promoter group after warrant conversion

Dhani Services Limited's Allotment Committee, at its meeting on September 22, 2025, approved the issuance of 22,500,000 fully paid-up equity shares, each with a face value of INR 2. These shares were allotted to the promoter group entities—Valerian Real Estate Private Limited and Calleis Infracon Private Limited—pursuant to the conversion of convertible warrants.

The equity shares were issued at an issue price of INR 90.30 per share, which includes a premium of INR 88.30. Dhani Services received INR 15,238,125,000 as the balance consideration, representing 75% of the issue price.

This allotment increases the company's paid-up equity share capital to INR 130,903,054,840, comprising 649,626,586 fully paid-up equity shares and 88,885,244 partly paid-up equity shares. This transaction follows the shareholders' authorization from January 25, 2025.