ARVIND PORT AND INFRA LIMITED — Board Meeting, 21-10-2024: Outcome of Board Meeting

Arvind & Company Shipping Agencies Limited has announced the allocation of 49,27,500 equity shares at Rs. 69 each, raising approximately Rs. 33.99 crores. Additionally, 39,75,000 warrants have been approved for allotment to both promoters and non-promoters at the same price, convertible into equity shares. This move increases the company's paid-up equity share capital to Rs. 17,06,53,000, with the shares ranking equally with existing ones.