Relic Technologies Ltd — JV/Acquisition, 01-01-1970: The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Radhika Shriram

Radhika Shriram has announced a board meeting on the preferential allotment of share warrants in Relic Technologies Limited. She will acquire 300,000 share warrants, equivalent to 5.82% of the company's total diluted voting capital. Each warrant, with a face value of ₹10, can be converted into one equity share at any time within 18 months of allotment. Following this transaction, the total equity share capital will rise to ₹5.15 crore, across 5,150,000 shares. This move may bolster investor sentiment, presenting a positive outlook if the strategic intent aligns with future growth.