Galaxy Cloud Kitchens has informed that the board of Directors of the Company have at their meeting held on 24th May, 2024, considered and approved the following: Issuance of up to 48,40,000 compulsorily convertible debentures of having face value of Rs 11/- each to Promoter/Promoter Group by way of Preferential Issue, subject to approval of Shareholders. The details as required under SEBI and LODR Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July 2023 with respect to Issuance of Securities is enclosed as ‘Annexure A’ to this letter.
The above information is a part of company’s filings submitted to BSE.
