Future Market Networks Converts 30L Warrants to Equity

Future Market Networks Ltd allotted 30,00,000 equity shares via conversion of warrants held by promoter entity Surplus Finvest Private Limited.
Shares allotted at ₹11.21 per share (face value ₹10, premium ₹1.21), aggregating total consideration of ₹3,36,30,000.
65,00,000 warrants out of the original 95,00,000 allotted to Surplus Finvest remain pending conversion post this allotment.