Pavna Industries Limited — Board Meeting, 19-10-2024: Outcome of Board Meeting

Pavna Industries Ltd. has announced an outcome from its recent Board meeting, approving the issuance of up to 23,77,000 equity shares to non-promoter public investors at ₹505 each, as well as 40,00,000 convertible warrants to promoters at the same price. The Board revised the list of equity share allottees due to regulatory eligibility issues and will issue a corrigendum to the Notice of the upcoming Extra-Ordinary General Meeting to reflect these changes.