Ritesh Properties & Industries allots 1.69 cr equity shares on conversion of OFCDs

Ritesh Properties & Industries has allotted 1,69,13,860 equity shares of Re 1 each to Findoc Finvest, consequent upon conversion of 16,91,386 0% Optionally Fully Convertible Debentures (OFCDs).

The total shares acquired by Findoc Finvest, pursuant to conversion of OFCDs, during financial year 2022-23 has become 10.86% of the equity share capital of the Company.

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