CRP Risk Management Ltd - ALLOTMENT OF WARRANTS ON PREFERENTIAL BASIS

This is further to our earlier announcement dated 16th December, 2019 regarding issue of Warrants convertible into equity shares on preferential basis. <BR> <BR> The Members of Company at the Extra-Ordinary General Meeting of the Company held on 15th January, 2020 had passed a Special Resolution for Issue of 22,00,000 Warrants each carrying a right to subscribe to one Equity Share per Warrant, at a price of Rs. 30/- per Warrant aggregating to Rs. 6,60,00,000 on a preferential basis.<BR> <BR> Company has received 'In-Principle Approval' for the issue of aforesaid Warrants from Bombay Stock Exchange (BSE Ltd.) vide its letter reference no. DCS/PREF/SV/PRE/558/2019-20) dated 6th March, 2020.<BR>