Jet Infraventure has informed that Board of Directors of the Company have approved resolution pursuant to Section 42 and Section 62 of the Companies Act, 2013 at their Board Meeting held today, 9 th October, 2024 for: Allotment of 24,60,000 Equity Shares of Rs 10 each on Preferential Allotment Basis at the Offer Price of R 21 ; Allotment of 29,12,000 Convertible Warrants into Equity Shares on Preferential Allotment Basis. Consequent to said allotment, the issued, subscribed and paid-up equity share capital of the Company would increase from Rs 6,50,40,000/- (Rupees Six Crore Fifty Lakhs Forty Thousand) to Rs. 8,96,40,000/- (Rupees Eight Crore Ninety Six Lakhs Forty Thousand). The meeting commenced at 10:30 AM and concluded at 11:00 AM.
The above information is a part of company’s filings submitted to BSE.
