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21 Jan 25 | 10:24
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BSE SENSEX
76,245.19
-828.25
-1.07 %
Corporate Announcement
Security Code
532869
Company
Tarmat Ltd
Exchange Received Time
09/01/2025 14:28:21
Exchange Disseminated Time
09/01/2025 14:28:23
Time Taken
00:00:02
Board Meeting Outcome for 'Conversion Of 250000 Warrants Into Equal Number 250000 Of Equity Shares Of The Company' |
01/09/25 14:28
we wish to inform you that the Board of Directors of the Company in their meeting held today i.e. Thursday January 09, 2025, inter-alia, considered and approved the allotment of equity shares on conversion of 250000 warrants into 250000 equity shares at an issue price of Rs. 95/- each (including a premium of Rs. 85/- each), to 'Non-Promoters/Public Category', on preferential basis, upon receipt of balance amount aggregating to Rs. 1,78,12,500/- (Rupees One Crore seventy eight lakhs twelve thousand five hundred Only) at the rate of Rs. 71.25 (Rupees Seventy-One and Twenty-Five Paise only) per warrant (being 75% of the issue price per warrant) from the allottee pursuant to the exercise of their rights of conversion into equity shares in accordance with the provisions of SEBI (ICDR) Regulations, 2018 and list of allottees is enclosed as Annexure I.
Attachment
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