Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, Kreon Finnancial Services has informed that Board of Directors at its Meeting held on 28th March 2023, has considered and approved the conversion of 28,77,000 Warrants of Rs 21 each into Equity shares at the rate of 1 Equity share for each warrant amounting to 28,77,000 equity shares with face value of Rs 10 each at a price of Rs 21 per equity share including premium of Rs 11 each, as detailed under Annexure A. The meeting commenced at 2.00 pm and concluded at 2.35 pm.
The above information is a part of company’s filings submitted to BSE.
