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Macobs Technologies LimitedOthers, 26-08-2025: Corrigendum

26-08-2025 | 07:47 pm

Macobs Technologies has updated its Extra-Ordinary General Meeting notice regarding a preferential issue of 24.80 lakh convertible warrants. The company plans to issue these warrants at Rs. 170.04 each, raising Rs. 42.17 Cr. This capital infusion is earmarked for expanding through new product lines, launching the 'Womanhood' brand, establishing an offline sales network, and boosting marketing efforts. Promoters and Non-Promoters are among the allottees. Warrants require 25% payment upfront and the remaining 75% upon exercise within 18 months, leading to a revised shareholding structure.

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