In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations, 2015'), we wish to inform your good office that the Board of Directors of PMC Fincorp Limited ('the Company'), at their meeting held today i.e., March 16, 2022 has, inter alia, considered and approved the Allotment of 7,00,00,000 Fully Convertible Warrants ('Warrants') each carrying a right to subscribe to one Equity Share per Warrant, for cash at an issue price of Rs. 9.90/- per warrant by way of preferential allotment.