Held on 14 May 2018
The board of Womens Next Loungeries at the meeting held on 14 May 2018, has allotted 1,20,000 Equity Shares of the Company of nominal value of Rs. 10/- each at a price of Rs. 60/- per share (which includes premium of Rs. 50/- per share) on the conversion of equal number of convertible warrants on preferential basis to the Promoter of the Company for cash and 9,50,000 Equity Shares of the Company of nominal value of Rs. 10/- each at a price of Rs. 60/- per share (which includes premium of Rs. 50/- per share) on the conversion of equal number of convertible warrants on preferential basis to the Creditors belong to Non-promoters for other than cash.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content