Zota Health Care LImited — Board Meeting, 20-02-2025: Outcome of Board Meeting

The Board of Directors of Zota Health Care Limited has approved the allotment of 7,52,500 equity shares at an issue price of ₹820 per share, totaling ₹61.70 crore through a preferential allotment to the Non-Promoter Group. Following non-subscription from one allotte, the offer has been reduced accordingly. Additionally, the board approved the allotment of 7,52,500 fully convertible warrants at the same price, with ₹15.42 crore received upfront. The overall paid-up equity capital has increased to ₹28.63 crore. This strategic move aims to enhance capital and fund future growth initiatives.