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Slone Infosystems LimitedImportant, 05-03-2025: General Updates

05-03-2025 | 01:51 pm

Slone Infosystems Limited has submitted an Addendum to its Valuation Report concerning the issue of convertible warrants via a preferential issue. This report, prepared by registered valuer Anirudh Kumar Tanvar, assigns a fair value of ₹163.82 per equity share based on several valuation methods, primarily adhering to the market price approach.

The valuation determined that the higher of the volume-weighted average price (VWAP) from the past 10 trading days was ₹163.82, thus establishing this as the minimum issue price. The analysis included audited financial statements, the shareholding pattern, and market data, alongside an assessment of the company's intrinsic value. Given the current trading patterns and financial performance, investors should monitor this development closely, as it may signal further capital mobilization and strategic growth initiatives for the company moving forward.

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