Z-Tech (India) Limited — Board Meeting, 14-03-2025: Outcome of Board Meeting

The Board of Directors of Z-Tech has announced a board meeting outcome. Key decisions include the allotment of 15,33,000 equity shares at an issue price of ₹500 each, raising ₹76.65 crore from public allottees. Additionally, 18,64,000 fully convertible warrants were issued at the same price, securing ₹23.30 crore upon receipt of 25% of the issue price. These warrants can be converted into equity shares by paying the remaining balance within 18 months. This strategic move is set to strengthen the company’s capital structure.