Alpha Tribe

Julien Agro Infratech LtdOthers, 05-04-2025: pursuant to the Special Resolution passed by the Shareholders of the Company on February 25, 2025 through Postal Ballot and In- principal approval granted by BSE on March 25, 2025 and on ....

05-04-2025 · 03:38 pm

Julien Agro Infratech Limited has announced a board meeting, where the Board of Directors approved the allotment of 2,00,00,000 Fully Convertible Equity Warrants at ₹13.50 each, totaling ₹27 Cr. The warrants will convert into an equivalent number of equity shares, pending the receipt of an additional 75% of the issue price within 18 months. Additionally, the board established a Securities Allotment Committee to manage the allotment of these warrants and shares. This move could improve the company's capital structure while representing potential growth opportunities for investors, enhancing overall shareholder value.

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