Cil Nova Petrochemicals has informed that the Board of Directors AT its meeting held on Tuesday, October 15, 2024, has considered & Approved allotment of 58,57,143 Fully Convertible Warrants ('Equity Warrant(s)') each convertible into or exchangeable for, 1 (One) fully paid up equity share of the Company of face value of Rs.10/- (Rupees Ten Only) each at an issue price of Rs.70/-per warrant (including premium of Rs.60/- per warrant) on preferential basis to the Non-Promoters/Public and received of 25% of issue price from the each allottees.
The above information is a part of company’s filings submitted to BSE.