Royal Sense Ltd — Others, 02-05-2025: AGM/EGM
02-05-2025 | 06:39 pm
02-05-2025 | 06:39 pm
Royal Sense Limited has announced a board meeting to approve the issuance of up to 4,00,000 Convertible Equity Warrants at Rs. 251 each, aggregating Rs. 10.04 Cr, to promoter and non-promoter investors on a preferential basis. The corrigendum updates the list of proposed allottees, correcting names and allotment numbers. Post-issuance, promoter shareholding is expected to increase marginally to 65.20%. The meeting seeks shareholder approval for these changes, which aim to raise capital and strengthen the shareholder base, impacting control and future funding capacity.
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