Srestha Finvest Ltd: A Strategic Shift Towards Green Finance and Sustainable financing

Board Meeting Outcome (Oct 09, 2024): Srestha Finvest Ltd. made corrections to a previous mistake and approved several business matters:

1. Fundraising: The company will raise up to Rs. 100 crores through Qualified Institutional Placement (QIP) of equity shares.
2. Convertible Warrants: Issuance of 93 crore Convertible Warrants at Rs. 1.05 each on a preferential basis.
3. Borrowing Limits: Approved an increase in borrowing limits up to Rs. 500 crores.
4. Extraordinary General Meeting: Scheduled for November 8, 2024, to discuss these approvals.