Emerald Leisures Ltd — Important, 11-10-2025: Company Update
11-10-2025 | 04:54 pm
11-10-2025 | 04:54 pm
Emerald Leisure Limited has issued a revised outcome of a recent board meeting concerning the preferential issue of convertible warrants. The revision corrects a typographical error in a proposed investor's name within the original annexure. The company plans to issue 29.68 lakh convertible warrants at ₹225 each, totaling ₹66.78 Crore, to 51 investors. Warrant holders can convert these into equity shares within 18 months, with 25% of the issue price already received and the balance 75% due upon exercise. This correction ensures accurate investor details for the proposed capital raise, with all other terms remaining unchanged.
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