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Avro India Ltd - Board Meeting Outcome for Allotment Of Equity Shares And Warrants
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19 Oct 2024
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Board of Directors of Company at their meeting held today i.e. October 19, 2024 have interalia considered and approved the following: 1. Allotment of 6,48,330 equity shares of face value of Rs. 10 each at an issue price of Rs. 127.25 per equity shares (including a premium of Rs. 117.25 per equity share) aggregating to Rs. 8,24,99,993 on preferential basis, to Promoter Group and Non-Promoters in accordance with the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended. 2. Allotment of 5,30,451 warrants on preferential basis to non-promoters as per provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended at an issue price of Rs. 127.25/- per warrants (including a premium of Rs. 117.25 per warrants) each warrant convertible into 1 equity share of face value of Rs. 10/- each fully paid up.
View all announcements for Avro India Ltd Source: BSE India