Asian Petroproducts And Exports has informed that it has received In-Principle approval of BSE for the proposed preferential allotment of Share Warrants on 18th November, 2021 and accordingly the Board of Directors in their meeting held today have approved the allotment of 23,87,500 number of Share Warrants at a price of 10 each aggregating to Rs 2,38,75,000 against conversion of unsecured loans already brought in by the allottees. The details of allottees are attached.
The above information is a part of company’s filings submitted to BSE.