Eleganz Interiors Limited Approves Convertible Warrants, Object Clause Addition, and Investment
Eleganz Interiors Limited announced on March 24, 2026, that its Board of Directors approved the issuance of up to 800,000 convertible warrants to promoters on a preferential basis. The decision also included the approval to add to the main object clause of the company’s Memorandum of Association and an investment in securities of SAR Universal Infra Private Limited.The convertible warrants will be issued at a price to be determined as on a relevant date, with each warrant entitling the holder to subscribe to one equity share. Shareholder approval will be required for both the warrant issuance and the amendment to the Memorandum of...