JHS Svendgaard Retail Ventures Limited — QIP/Rights/Pref., 05-03-2025: Issue of Securities

JHS Svendgaard Retail Ventures Limited has announced a board meeting to approve the issue of Fully Convertible Warrants, targeting a total of ₹17.20 Cr. The warrants will be issued preferentially to a mix of promoters and non-promoters, allowing each warrant holder to convert one warrant into an equity share within 18 months from allotment. The specific issue price is yet to be determined by the board. An Extra Ordinary General Meeting will take place to seek shareholder approval for this preferential issue.