Pune E - Stock Broking Ltd — Updates, 27-06-2025: Company Update
27-06-2025 | 08:30 pm
27-06-2025 | 08:30 pm
Pune E-Stock Broking Limited has announced a board meeting on which it approved issuing up to 20 lakh fully convertible warrants through preferential allotment to promoters, promoter group, and public category investors at Rs. 171 each, raising up to Rs. 34.20 Cr. The warrants can be converted into equity shares within 18 months or will lapse with forfeiture of amount paid. The meeting also appointed M/s. Shailesh Jndapurkar & Associates as the scrutinizer for the upcoming Extraordinary General Meeting (EGM), scheduled to be held via video conferencing. This fund raise aims to strengthen the company’s capital base.
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