Infibeam Avenues has allotted 9,50,00,000 fully convertible warrants to Vybe Ventures LLP (other than the Promoters and Promoter Group) on preferential issue basis with a right to the warrant holder to apply for and be allotted 1 (one) equity share of Re. 1/- each of the company at an issue price of Rs. 17/- per share (including premium of Rs. 16/- per share), for each warrant, within a period of 18 months from the date of allotment of the said warrants.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content