Apex Capital And Finance has informed that the Board of the Company, at its meeting held today, July 3, 2024 (Board Meeting), have considered and approved the following: The issuance of 76,00,000 (Seventy Six Lacs) warrants of the Company, each convertible into, or exchangeable for, 1 (one) fully paid-up equity share of the Company of face value of Rs. 10 (Rupees Ten) each, to certain Promoters, Promoter Group and Non Promoters, as detailed in Annexure-A, by way of a preferential issue on a private placement basis, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations), the Companies Act, 2013 (“Act”), as amended and other applicable laws, and subject to the approval of regulatory/ statutory authorities and the shareholders of the Company (the Preferential Issue).
The above information is a part of company’s filings submitted to BSE.
