Approved the conversion of 14,00,000 (Fourteen Lakhs Only) warrants convertible into 14,00,000 (Fourteen…
As filed · Outcome of Board Meeting
CapitalWatchNotablemateriality 74 out of 100
What happened
Factapproved the conversion of 14,00,000 (Fourteen Lakhs Only) warrants convertible into 14,00,000 (Fourteen Lakhs Only). Consequent to aforementioned conversion of warrants and allotment of Equity Shares, 36,10,359 warrants of Dinesh. Muddu Kotian (Promoter) and 27,28,669 warrants of non-promoters (public) remain pending for conversion.