Pro Fin Capital Services Approves 33 Crore Preferential Warrants Worth ₹92 Crore

Board approved raising authorised capital to Rs94 Cr from Rs65 Cr and 33 Cr preferential warrants at Rs2.80 to raise Rs92.4 Cr from 61 public allottees, convertible in 18 months, subject to EGM. Reverses prior refusal to hike capital, reviving issuance path after long silence on Hong Kong proposal; large dilution led by Correm 10.8% and Navratri 6.5% vs tiny promoter hold. Heavy dilution at low price with vague future-use rationale; EGM approval, payment terms, detailed use of proceeds and Hong Kong proposal fate undisclosed.