Esconet Technologies Limited — QIP/Rights/Pref., 24-10-2024: Allotment of Securities

Esconet Technologies Limited has approved the preferential allotment of 2,13,600 fully convertible warrants and 7,34,000 equity shares, priced at ₹345 each, to non-promoter investors. This increases the company's issued and paid-up share capital to 1,30,94,000 shares. The new securities will rank pari passu with existing shares. The warrants are convertible to equity shares within 18 months, subject to payment conditions.