Womancart Limited — Board Meeting, 19-02-2025: Outcome of Board Meeting

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, also at ₹312 each, to various allottees. The total amount received from the share allotment is ₹17.49 crore, while the application money for the warrants amounts to ₹0.23 crore. The warrants can be converted into equity shares within 18 months upon receipt of the balance issue price. This strategic move aims to strengthen the company's capital structure without altering the existing paid-up share capital.