Cellecor Gadgets Limited — Board Meeting, 29-10-2024: Outcome of Board Meeting

Cellecor Gadgets Limited has revised the outcome of its board meeting, correcting typographical errors. The company approved the allotment of 80,00,000 equity shares to non-promoters and 30,00,000 convertible warrants to the promoter group on a preferential basis. The equity shares are issued at Rs. 40.20 per share, increasing the paid-up capital significantly. The shares rank equally with existing shares, and the warrants are subject to a conversion time frame and lock-in period as per regulations.