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Omansh Enterprises informs about outcome of board meeting

07 Jun 2024 Evaluate
Omansh Enterprises has informed that the Board of Directors in their meeting held today, Friday, 7th Day of June, 2024 commenced at 10:30 AM through Video Conferencing and Concluded at 11:30 am has considered and approved the following: Pursuant to the record date, Wednesday, 5th June, 2024 fixed by the Board of Directors in their meeting held on 24th May, 2024, the cancellation of share capital (pursuant to Clause 10.1.8 of the Approved Resolution Plan dated 29th February, 2024) shall be effective from Friday, 7th June, 2024. The details of the said cancellation as approved by the Board are as enclosed; Pursuant to the Approved Resolution Plan dated 29th February, 2024, the allotment of 28007 (Twenty-Eight Thousand Seven) Equity Shares having Face Value of Rs. 2 (Rupees Two Only) each subsequent to the cancellation of share capital (17721993 Equity Shares); Pursuant to the Approved Resolution Plan (pursuant to clause 10.1.8) dated 29th February, 2024, 500000 (Five Lacs) Equity Shares having Face Value of Rs. 2 (Rupees Two Only) each has been allotted to Raconteur Granite (Successful Resolution Applicant), who shall be considered as the new Promoter of the Company and all existing promoters of the Company shall be ceased to be shareholders as well as the Promoters of the Company; Pursuant to the Approved Resolution Plan (pursuant to clause 10.1.8) dated 29th February, 2024, 25,00,000 (Twenty-Five Lacs) Unlisted 0% Convertible Preference Shares of Rs. 10 each (herein after referred to as CPS) at Rs. 10 per shares has been allotted to Raconteur Granite (“Successful Resolution Applicant”); Pursuant to the Approved Resolution Plan (pursuant to clause 10.1.8) dated 29th February, 2024, 4500000 (Forty Five Lacs) Equity Shares having Face Value of Rs 2 (Rupees Two Only) each has been allotted to the  Strategic Investors.

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

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