Arvind SmartSpaces Ltd - Announcement under Regulation 30 (LODR)-Allotment
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| 27 Apr 2021 | |
| We hereby inform you that the Management Committee of the Board of Directors of the Company at their Meeting held today, has approved allotment of 28,50,000 (Twenty Eight Lakhs Fifty Thousand) Warrants, each carrying a right to subscribe to one Equity Share per Warrant at a price of Rs. 102.00 (Rupees One Hundred Two Only) per Equity Share ('Warrant Exercise Price'), aggregating to Rs. 29,07,00,000/- (Rupees Twenty Nine Crores Seven Lakhs Only) within a period of 18 (eighteen) months from the date of allotment, in one or more tranches, as the case may be and on such other terms and conditions as applicable, to Kausalya Realserve LLP wherein Mr. Kamal Singal, MD & CEO of Arvind SmartSpaces Limited ('Company'), and his relatives are the partners (Hereinafter referred to as 'Warrant holder'), on a preferential basis.<BR> | |
| View all announcements for Arvind SmartSpaces Ltd | Source: BSE India |
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