Pursuant to provisions of Regulations 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Nidhi Granites has informed that the meeting of Board of Directors is scheduled on 24th February, 2022, for allotment of 32,50,000 warrants each convertible into, or exchangeable for, 1 (one) fully paid up Equity Share of the Company having face value of Rs. 10 each (Rupee Ten Only), each at a price Rs. 29/- (including the warrant subscription price and the warrant exercise price), to the following allottees of the Company by way of preferential allotment on a private placement basis: Sr. No. Name of the Allottee Category Number of Convertible warrants; Devan Pandya Promoter 10,89,000; Darpan Shah Promoter 10,80,000; Kala Purvish Diwanji Non-Promoter 5,40,000 4. Nayana Balubhai Bhatt Non-Promoter 5,41,000.
The above information is a part of company’s filings submitted to BSE.
