Womancart Limited — Board Meeting, 03-01-2025: Outcome of Board Meeting
03-01-2025 | 07:44 pm
03-01-2025 | 07:44 pm
The Board has approved the allotment of 4,85,000 equity shares on the conversion of warrants at an issue price of ₹128 per share, totaling ₹4.66 crore received. The issued, subscribed, and paid-up equity share capital is now ₹5.44 crore, consisting of 54,35,200 shares. Following this, 21,33,600 warrants remain pending conversion, allowing holders to convert their remaining warrants within 18 months by paying ₹96 per warrant. This strategic move enhances liquidity and strengthens the capital base while attracting non-promoter investors.
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