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Ruchira Papers Limited allots 28,80,000 convertible warrants
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The Board of AGC Networks on 02 March 2021 has approved allotment of 16,34,828 equity shares of Rs.10/- each pursuant to conversion of fully paid warrants at a price of Rs. 675 per share having face value of Rs. 10/- each including a Premium of Rs.665/- per share, aggregating to
Rs.1,10,35,08,900, to persons/ entities forming part of the Promoters/Promoter Group of the Company for cash.
Consequently, w. e. f 02 March 2021 the issued, subscribed and Paid-up share capital of the Company stands increased to Rs 31,56,50,070 (Consisting of 3,15,65,007 equity shares of Rs.10/- each).
The
aforementioned shares shall rank pari passu with the existing equity shares of the Company.
Held on 13 January 2021The Board of Narbada Gems and Jewellery at the meeting held on 13 January 2021 has approved to issue and allot 91,00,000 Equity Warrants to the Applicants at a total price of Rs. l7l- per warrant, to be converted into Equity Shares on Preferential Basis to Promoters/Promoter Group and Non-Promoter Individuals, convertible into equal number of Equity Shares within a period of I8 months from the date ofallotment of warrants in one ot more tranches.
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