Lactose (India) has informed that at its Board Meeting held on Thursday, 05th December, 2024 has approved allotment of 15,00,000 Convertible Warrants of Rs 10 each at an issue price of Rs 174 (inclusive of premium Rs 164) on preferential basis. Further, the Company has made allotment against the in-principle approval received from BSE dated 21st November, 2024 for issue of 15,00,000 warrants convertible in to equity shares. The Meeting of the Board of Directors of the Company was commenced at 11.00 am and concluded at 11.30 am.
The above information is a part of company’s filings submitted to BSE.