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Corporate Announcement
Security Code
540718
Company
AKM Creations Ltd
Exchange Received Time
25/04/2024 18:55:26
Exchange Disseminated Time
25/04/2024 18:55:28
Time Taken
00:00:02
Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations. 2015 On Allotment Of 6,00,000 Equity Shares Upon Conversion Of Warrant Into Equity Shares |
4/25/2024 6:55:28 PM
As per Regulation 30 and any other applicable Regulations, if any, of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 we would like to inform you that the Board of Directors of the Company in their meeting held on Thursday, 25th April, 2024 (Commenced from 05:00 P.M. and Concluded at 05:30 P.M.) at the Corporate office situated at Block D 1206 Prahladnagar Trade, Centre BH Titanium City Centre, Polytechnic, Ahmedabad, Gujarat, India, 380015 has inter-alia considered & approved the allotment of 6,00,000 equity shares of INR 10/- each at a price of INR 15/- per share comprising of premium of INR 5/- each per share, upon exercise of option for conversion of equity warrants into equal number of Equity Shares against receipt of balance subscription amount of 75% (INR 11.25/- Per Warrant) of warrant issue price
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