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Wardwizard Foods and Beverages informs about outcome of board meeting

21 Oct 2023 Evaluate
Wardwizard Foods and Beverages has informed that the Board of Directors of the Company in its meeting held on Saturday, 21st October, 2023 has considered and decided the following matters; To Convert and Allot 1,60,00,000 Equity shares of the face value of Rs 1 each at price of Rs 5each (including premium of Rs 4 each) on conversion of convertible equity warrants issued by the Company on preferential basis to the Promoters and Promoter group and Strategic Investors not forming part of the Promoter group of the Company in terms of SEBI (ICDR) Regulations, 2018 as amended. Upon allotment of these equity shares, the paid-up equity shares capital of the Company has increased from Rs. 23,21,40,000 comprising of 23,21,40,000 equity shares of the face value of Re 1 each to Rs 24,81,40,000 comprising of 24,81,40,000 equity shares of the face value of Re 1 each. The details as required pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 is annexed hereto and marked as ‘Annexure A’; Approved the notice of Postal ballot to be sent to shareholders in relation to the following matters, subject to the approval of shareholders: To Appoint John Joseph (DIN: 08641139) as Non-Executive Independent Director of the Company, To Appoint Lt General Jai Singh Nain (Retd) (DIN: 10289738) as Non-Executive Independent Director of the Company.

The above information is a part of company’s filings submitted to BSE.

Wardwizard Foods&Bev Share Price

9.71 0.17 (1.78%)
23-Jul-2026 16:59 View Price Chart
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