NACL Industries Limited — Board Meeting, 12-12-2024: Outcome of Board Meeting

NACL Industries Limited has announced a board meeting outcome, approving the issuance of 68,96,550 warrants at an issue price of ₹58 each, totaling ₹39.99 crore, on a preferential basis to a promoter. Additionally, the board has approved the issuance of 17,24,137 equity shares at the same price, aggregating to ₹9.99 crore, to a non-promoter entity. An Extra-Ordinary General Meeting will be convened for shareholder approval on January 09, 2025, via video conferencing to discuss these matters.