Continental Securities has informed that the Board of the Directors of the Company at their meeting held today i.e., Wednesday, 11th December, 2024 has decided to issue and allot 55,00,000 (Fifty five Lakhs Only) Convertible Warrants of the Company on a Preferential Basis to proposed allottees (mentioned in Point 4. Of the table) by the Company pursuant to Section 42, 62 of the Companies Act, 2013 and as per the SEBI (Issue of Capital and Disclosure Requirement) Regulation, 2018 [SEBI (ICDR) Regulations, 2018). Details as required for Preferential Issue under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI Circular SEBI/HO/CFD/CFD- PoD-1/P/CIR/P/2023/123 dated July 13, 2023 are enclosed.
The above information is a part of company’s filings submitted to BSE.
