ALPHA TRIBE

Womancart LimitedBoard Meeting, 19-02-2025: Outcome of Board Meeting

19-02-2025 | 03:42 pm

The Board of Directors has approved the allotment of 5,60,800 equity shares at an issue price of ₹312 each and 30,000 fully convertible warrants at the same price, following approval from members and the National Stock Exchange. The total amount raised from the share allotment is ₹17.50 crore, while the amount received from the warrants is ₹2.34 crore, with a future potential of ₹7.02 crore upon exercise. This move may enhance the company's capital base and support future growth initiatives.

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