New Markets Advisory Ltd — Important, 29-10-2025: Company Update
29-10-2025 | 06:55 pm
29-10-2025 | 06:55 pm
The company's board approved allotting 90 lakh convertible equity warrants to non-promoter investors at Rs. 10 each, totaling Rs. 9 Cr. Investors paid 25% upfront (Rs. 2.25 Cr) and have 18 months to convert these warrants into equity shares, settling the balance. This preferential issue is expected to strengthen the company's capital. Additionally, the board appointed Ms. Priyanka Moonka as Whole Time Company Secretary and M/s. J.P.CHATURVEDI AND Co. as Internal Auditor, bolstering corporate governance.
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