Emerald Leisures Ltd — Important, 11-10-2025: Company Update

Emerald Leisure has issued a revised announcement to correct a clerical error in the list of proposed investors for its preferential issue of convertible warrants. The company previously approved the allotment of 29,68,000 convertible warrants, each with a face value of ₹5 and an issue price of ₹225, bringing the total value of this issuance to approximately ₹66.78 Crore. These warrants can be converted into equity shares over 18 months, with 25% payable upfront and the remaining 75% upon conversion. This correction ensures transparency and accuracy for stakeholders regarding the new investor details in this capital-raising plan.