Ajooni Biotech Limited — Board Meeting, 19-04-2025: Outcome of Board Meeting

The Board of Directors of Ajooni Biotech Limited has concluded its meeting with a key decision to withdraw the offer of 5 crore convertible warrants, initially set at a price of ₹9 each, totaling ₹45 crore. This move signals a strategic shift away from the proposed fundraising through these warrants, reflecting the company's current financial strategy. Investors should consider the potential implications of this decision on liquidity and future capital initiatives.