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Infibeam Avenues allots 9.50 cr convertible warrants

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Capital Market
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.

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First Published: Oct 07 2022 | 5:42 PM IST

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