Royal Sense Ltd — Others, 28-04-2025: Corp Action
28-04-2025 | 09:50 pm
28-04-2025 | 09:50 pm
Royal Sense Limited's Board of Directors has approved the allotment of 68,000 equity shares following the conversion of warrants into shares on a preferential basis to non-promoter category investors, after receiving Rs. 51.34 lakh. This increases the company's issued capital to Rs. 5.04 crore, consisting of 50,36,146 equity shares of Rs. 10 each. Additionally, there remain 3,14,000 warrants pending conversion, allowing holders to convert them into equity shares by paying the outstanding amount within 18 months. This move supports the company's capital structure and funding strategy.
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