At meeting held on 14 November 2017
The Board of Garnet International approved issue of 3,20,000 Convertible Share Warrants at a price of Rs 820 /- per Convertible Share Warrant on preferential basis to Anita Chainrai - a Non-Promoter Individual Investor, subject to the approval of Shareholders in their meeting. Each warrant shall carrying a right to subscribe to equal number of Equity Shares in the Company to be converted with in a period of 18 months in cash by way of Preferential Allotment in terms of Companies Act, 2013 and as per the Guidelines for Preferential Issue issued by SEBI under SEBI (ICDR) Regulation, 2009.Powered by Capital Market - Live News
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