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BSE SENSEX
85,571.85
-264.27
-0.31 %
Corporate Announcement
Security Code
539533
Company
Elitecon International Ltd
Exchange Received Time
28/09/2024 19:38:10
Exchange Disseminated Time
28/09/2024 19:38:11
Time Taken
00:00:01
Board Meeting Outcome for Outcome Of The Board Meeting For Allotment Of 13,60,00,000 (Thirteen Crores Sixty Lakhs) Convertible Warrants ('Warrants'). |
9/28/2024 7:38:11 PM
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 ('SEBI LODR'), this is to inform you that the Board of Directors, in its meeting held on September 28, 2024, have approved the allotment of 13,60,00,000 (Thirteen Crores Sixty Lakhs) Convertible Warrants ('Warrants'), each carrying a right to subscribe to one Equity Share of Rs. 10/- each of the Company ('Equity Share') per Warrant, exercisable by the Warrant holder in one or more tranches, within a period of 18 (Eighteen) months from the date of allotment of the Warrants, at a price of Rs. 10/- (Rupees Ten Only) per warrant.
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