ebb86566-6e13-4244-90ec-efebfc43e42b.pdf (387.7 KB)
This is to inform you that upon receipt of in-principle approval letters from both the stock exchanges, bearing letter no. LOD/PREF/JR/FIP/2726/2022-23 & NSE/LIST/31896 both dated October 19, 2022 respectively and on conversion of outstanding loan amount of upto Rs. 11,74,91,040/- by the Promoter allottee i.e., M/s. Websol Green Projects Private Limited and further infusion of funds of Rs. 11,54,52,000/- by the other allottee i.e., M/s. India Max Investment Fund Limited, the Board of Directors in their meeting held on today, i.e, 02.11.2022, have approved and allotted 1087880 equity shares of the Company to M/s. Websol Green Projects Private Limited and 10,69,000 equity shares of the Company to M/s. India Max Investment Fund Limited at an Issue Price of Rs. 108/- (Rupees One Hundred and Eight Only) per equity share [including a premium of Rs. 98/- (Rupees Ninety-Eight Only) per equity share], on Preferential Basis.
CMP IS 94.55
INVESTED … PLEASE SHARE YOUR VIEWS AND FUTURE OF THIS COMPANY
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