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CRANES SOFTWARE INTERNATIONAL LTD. - Receipt Of In-Principle Approval And Undetaking From The Allottees
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29 May 2024
The Company as on 28th May 2024 has recieved the in-principle approval pertaining to the issue of 3,41,90,375 equity shares of Rs 2/- each at a price not less than Rs 4.57 each to non-promoter and 4,00,00,000 convertible equity warrants of Rs 2/- each at a price not less than Rs 4.57/- each to promoter on a preferential basis. In this regard, the Company do hereby attach the undertaking recieved from both the allottees confirming that they shall not do any intra- day trading in the scrip or any sale in the scrip of the Company till the allotment date of the security as required under the SEBI (ICDR) Regulations.
View all announcements for CRANES SOFTWARE INTERNATIONAL LTD. Source: BSE India