Odyssey Corporation Converts 7.85M Warrants to Equity

Odyssey Corporation's Board approved conversion of 78.5 lakh warrants into equity shares at ₹14 per share for promoters.
The conversion resulted in an equity infusion of ₹8.24 crore through allotment of 78.5 lakh shares of ₹5 face value.
Pooja Equiresearch Private Limited received the majority (69 lakh shares) of the allotted equity upon conversion.
The transaction was executed as a preferential allotment under SEBI ICDR Regulations and Companies Act provisions.