EROS INTERNATIONAL MEDIA LTD. - Announcement under Regulation 30 (LODR)-Raising of Funds
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| 19 May 2022 | |
| Issue of upto 13,50,00,000 (Thirteen Crore Fifty Lakh) convertible warrants ('Warrants') at a price of Rs. 30/- (Rupees Thirty only) per Warrant with a right to the warrant holders to apply for and be allotted 1 (One) Equity Share of the face value of Rs. 10/- (Rupees Ten only) each of the Company ('Equity Shares') at a premium of Rs. 20/- (Rupees Twenty only) per Equity Share for each Warrant within a period of 18 (Eighteen) months from the date of allotment of the Warrants, for an amount upto Rs. 405,00,00,000/- (Rupees Four Hundred and Five Crores Only) ('Proposed Allottees') for cash and in such form and manner and in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ('SEBI (ICDR) Regulations'), as amended, subject to the approval of the Members of the Company and such regulatory/ statutory authorities as may be applicable, ('Preferential Allotment'). | |
| View all announcements for EROS INTERNATIONAL MEDIA LTD. | Source: BSE India |
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