Himadri Speciality Chemical has informed that upon receipt of an amount aggregating to Rs 69,82,50,000 at the rate of Rs 52.50 per warrant (being 75% of the issue price per warrant as 'Warrant Exercise Price') and duly signed application form from Anurag Choudhary, warrant holder, as per the terms of issue of Warrants, the Share Issue & Allotment Committee of the Board of Directors of the Company, has on 17 February 2023, considered and approved the allotment of 1,33,00,000 Equity Shares of Re 1 each, upon conversion/ exchange of/for equal number of Warrants.
The above information is a part of company’s filings submitted to BSE.
