Pune E - Stock Broking Ltd Receives In-Principle Approval for Convertible Warrants Issue
Pune E - Stock Broking Limited has received an in-principle approval from BSE Limited concerning the issue and allotment of Convertible Warrants on a preferential basis. The approval pertains to the allotment to both Promoter and Non-Promoter categories.The details of the transaction include the issue of 16,00,000 Convertible Warrants. Each warrant is convertible into one fully paid-up Equity Share with a face value of ₹10/-. The preferential issue price has been set at ₹234/- per warrant.The total cash aggregation from this issuance is stated to be ₹37,44,00,000.Pune E - Stock Broking Limited confirmed the receipt of the in-principle approval...