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The Board of Directors of JHS Svendgaard Retail Ventures Limited has approved the issuance of up to 34,40,000 Fully Convertible Warrants at an issue price of Rs. 45 each, amounting to a total of Rs. 15.48 Cr. These warrants will be offered to both Promoter and Non-Promoter categories, with significant allocations to Sushma Nanda and JHS Svendgaard Laboratories Limited. This move is part of a broader plan to raise up to Rs. 17.20 Cr through the preferential issue, which could strengthen the company’s financial position and support future growth initiatives. Investors should monitor this development closely for potential opportunities as the company seeks to enhance shareholder value.
All announcements from JHS Svendgaard Retail Ventures Limited