Cerebra Integrated Technologies has informed that a company has received in-principle approval from the Stock Exchanges for the allotment of Shares and Warrants and accordingly a Meeting of the Board of Directors will be held on Thursday, 22nd June, 2017 to consider the allotment of 11,900,000 Equity Shares on preferential basis to Strategic Investor, Kuber Global Fund, a Company incorporated in the Republic of Mauritius; and allotment of 5,300,000 Warrants convertible into Equity Shares on preferential basis to certain Promoters.
The above information is a part of company’s filings submitted to BSE.
