ALPHA TRIBE

Aeonx Digital Technology LtdOthers, 05-06-2025: AGM/EGM

05-06-2025 | 12:30 pm

Aeonx Digital Technology Ltd. has announced a board meeting on the issue of up to 2,41,000 convertible warrants on a preferential basis to its promoter, Aura Alkalies and Chemicals Private Limited. The warrants, convertible into equity shares within 18 months, aim to raise funds for business expansion and strengthening the capital base. The promoter’s holding will increase from 54.75% to 57% post-conversion, with no change in control. The warrants will carry a 25% payment on allotment and the balance before conversion, and will be subject to applicable lock-in periods. The outcome requires shareholder approval via postal ballot through e-voting.

No comments yet. Be the first to comment!

All announcements from Aeonx Digital Technology Ltd