Emerald Leisures Ltd — Important, 10-10-2025: Company Update

Emerald Leisures' board has approved a preferential issue of 29,68,000 convertible warrants at ₹ 225 each, including a ₹ 220 premium, aggregating ₹ 66.78 Cr. These warrants will be allotted to 51 investors, including promoters and non-promoters. Warrant holders will pay 25% upfront, with the remaining 75% due upon exercise within 18 months; unexercised warrants will lapse. The company has announced an Extra-Ordinary General Meeting to seek shareholder approval for this capital-raising proposal.