Julien Agro Infratech Ltd — Board Meeting, 05-04-2025: Please find enclosed herewith outcome of the board meeting
05-04-2025 · 02:27 pm
Julien Agro Infratech Limited has announced a board meeting outcome where the Board approved the allotment of 2 crore warrants, each conferring the right to subscribe to one equity share at an exercise price of ₹13.50, amounting to ₹27 crore. The company received 25% of the warrant subscription amount, totaling ₹6.75 crore. This allocation follows approval from shareholders through a special resolution and aligns with regulatory requirements. The move highlights a strategic financing initiative, potentially enhancing liquidity and funding for future operations.
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