UNIVASTU India allots 18.20 lakh shares on warrant conversion at Rs 216

UNIVASTU India has allotted 18,19,800 equity shares at Rs 216 each (total Rs 9.41 crore) upon conversion of warrants issued on a preferential basis in January 2025. The warrants went to 16 non-promoter investors, each convertible into one equity share of Rs 10 face value. Post-allotment paid-up capital rises to 3,78,06,570 shares from 3,59,86,770 shares. A few warrant holders paid only part of the balance 75 percent; the board chose not to forfeit their initial 25 percent deposit and instead allotted shares in proportion to the amount actually received.