In continuation of disclosure dated October 15, 2025 and November 27, 2025, GeeCee Ventures has informed that Geecee Ventures has been allotted 2,85,714 Convertible Warrants convertible into 2,85,714 Equity Shares of Rs 10 each fully paid-up, at a price of Rs 525 per warrant issued on a preferential basis by Welspun Enterprises Limited (WEL). Further, as per the terms of the preferential issue, the Company has already paid 25% of the total value of Investment for 2,85,714 Convertible Warrants, amounting to Rs 3.75 Crores. Following this payment, the Allotment Committee of the Board of WEL has approved and allotted 2,85,714 Convertible Warrants convertible into 2,85,714 Equity Shares on December 01, 2025 and the Company learned about the said allotment on December 02, 2025. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as Annexure-A.
The above information is a part of company’s filings submitted to BSE.
