SG Finserve Allots 6.28L Equity Shares Via Warrant Conversion

SG Finserve allotted 627,778 equity shares upon conversion of warrants, receiving ₹21.19 crore from allottees.
Promoter Rohan Gupta converted 327,778 warrants and Marigold Partners converted 300,000 warrants.
The company's paid-up capital increased to ₹65.90 crore with 6,589,500 equity shares post-allotment.
The new shares rank pari passu with existing equity shares as per the board committee's decision.