Womancart Limited — Board Meeting, 21-02-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting outcome, approving the allotment of 48,400 equity shares at an issue price of ₹312 each, totaling ₹1.51 crore. Additionally, 1,34,400 fully convertible warrants were allotted at the same price, with an application amount of ₹1.05 crore from non-promoters. The warrants are convertible into equity shares within 18 months upon payment of the remaining issue price. This strategic move is aimed at bolstering the company’s capital structure while facilitating future growth opportunities.