ALPHA TRIBE

Emerald Leisures LtdImportant, 11-10-2025: Company Update

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.

No comments yet. Be the first to comment!

All announcements from Emerald Leisures Ltd