rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
GENNEX LABORATORIES LTD. - Board Meeting Outcome for Outcome Of The Board Meeting Held On 27 January, 2024 Of Gennex Laboratories Limited - BSE Script Code: 531739
Download announcement < Back
27 Jan 2024
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 read with Schedule III thereto, and in furtherance to our intimation dated 20/11/2023, 29/11/2023, and Board meeting outcome filed on 02/12/2023, we wish to inform you that Board of Directors of the Company, at its meeting held today, on 27/01/2024 has considered and approved the following: 1. Allotment of 5,00,00,000 equity shares of the Company having face value of Re. 1/- each at a price of Rs. 14.75/- aggregating to Rs. 73,75,00,000 on preferential basis to specified persons. 2. Allotment of 1,55,00,000 share warrants of the Company at a price of Rs. 14.75 each (warrant subscription price Rs. 3.69/- and the warrant exercise price Rs. 11.06/- per warrant) aggregating to Rs. 22,86,25,000 to the member of promoter group on a preferential basis The meeting commenced at 2.00 PM and concluded at 2.30 PM. We request you to take the above information on record and acknowledge receipt of the same.
View all announcements for GENNEX LABORATORIES LTD. Source: BSE India