Rama Vision has informed that upon receipt of an amount aggregating to Rs 1,71,28,000 (Rupees One Crore Seventy One Lakhs Twenty Eight Thousand Only) at the rate' of Rs. 42.82 per warrant (being 75% of the issue price per warrant), as per the terms of Warrants, the Committee for Preferential Issue of the Board of the Company, has on 16th September 2023, considered and approved the allotment of 400,000 (Four Lakhs) Equity Shares of Rs 10 each, upon conversion/ exchange of/ for 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 10,42,62,660 consisting of 1,04,26,266 equity shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
