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New Markets Avenue informs about outcome of board meeting

27 Nov 2025 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, New Markets Avenue has informed that the Board of Directors of the Company at its meeting held on Thursday, 27th November, 2025 which commenced at 03:00 pm and concluded at 04.00 pm, have, amongst other items of Agenda, considered and approved the conversion of 37,00,000 warrants into 37,00,000 Equity shares of face value of Rs 10 each at par on preferential allotment basis to the allottees pursuant to exercise of their rights of conversion of warrants into Equity Shares and accordingly the Board of Directors have allotted 37,00,000 Equity Shares of face value of Rs.10 each at par on fully paid up on account of conversion. The Company has received in principle approval from BSE Limited vide its letter no. LOD/PREF/SV/FIP/3274/2022-23 dated 20th October, 2025. Details of the same are enclosed. 

The above information is a part of company’s filings submitted to BSE.

New Markets Avenue Share Price

21.13 0.00 (0.00%)
28-Apr-2026 16:59 View Price Chart
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