ALPHA TRIBE

Zota Health Care LImitedQIP/Rights/Pref., 13-01-2025: Allotment of Securities

13-01-2025 | 07:24 pm

Zota Health Care Limited has allotted 2,23,080 fully paid-up equity shares at an issue price of ₹509 per share, following the conversion of fully convertible warrants. This allotment was made to eight non-promoter investors, raising approximately ₹8.52 crore. Post-allotment, the company's paid-up equity capital increases to ₹27.79 crore, comprising 2,77,94,126 shares. This conversion reduces the outstanding warrants to 22,58,331, demonstrating progress in capital restructuring and enhancing shareholder equity.

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