In furtherance to the intimation given by the Company on 22 August 2022 with respect to allotment of 7,25,50,000 warrants, each convertible into one equity shares of face value of Re 1 each, (‘Warrants’) at an issue price (‘Warrant Issue Price’) of Rs 70.00 each [including the warrant subscription price (Rs 17.50 per warrant) and the warrant exercise price (Rs 52.50 per warrant)] on preferential basis to 28 allottees (‘warrant holders’), as per the list forming part of the said letter and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Himadri Speciality Chemical has informed that upon receipt of an amount aggregating to Rs 32,62,87,500 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 8 warrant holders, as per the terms of issue of Warrants, the Share Issue & Allotment Committee of the Board of Directors of the Company, has on 17 June 2023, considered and approved the allotment of 62,15,000 Equity Shares of face value of Re 1 each, upon conversion of equal number of Warrants, as per the details given in ‘Annexure-1’. Consequently, the issued and paid-up capital of the Company stands increased to Rs 43,89,95,659 consisting of 43,89,95,659 equity shares of Re 1 each. The new equity shares so allotted, shall rank with the existing equity shares of the Company. Disclosure under Regulation 30 of SEBI Listing Regulations read with SEBI circular dated September 9, 2015, bearing reference no. CIR/CFD/CMD/4/2015 (‘SEBI Circular’), are provided in ‘Annexure II’.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| PCBL Chemical | 285.05 |
| Himadri Speciality | 493.15 |
| Goa Carbon | 370.50 |
| Hi-Green Carbon | |
| View more.. | |
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