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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 (&apos;Warrants&apos;) 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 (&apos;Equity Shares&apos;) 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) (&apos;Proposed Allottees&apos;) 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 (&apos;SEBI (ICDR) Regulations&apos;), as amended, subject to the approval of the Members of the Company and such regulatory/ statutory authorities as may be applicable, (&apos;Preferential Allotment&apos;).
View all announcements for EROS INTERNATIONAL MEDIA LTD. Source: BSE India

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