Commercial Syn Bags has informed that the Board of Directors at the aforesaid Board meeting have decided and approved the following businesses: Allotment of 16,13,000 (Sixteen Lakhs Thirteen Thousand only) Equity shares of Rs10 each at a premium of Rs 62 per share to the warrant holder categorised under the promoter and promoter group after receipt of balance amount due on 16,13,000 warrants aggregating Rs. 8,71,02,000 (Rs Eight Crores Seventy One Lakhs Two Thousand Only) against the option exercised by warrant holder for convertible warrants issued on 20th March 2025, on preferential basis.
The above information is a part of company’s filings submitted to BSE.
