Gemstone Investments Ltd — Important, 19-11-2025: Company Update
19-11-2025 | 06:28 pm
19-11-2025 | 06:28 pm
Gemstone Investments' Board has approved the allotment of 19.984 Cr convertible warrants to non-promoters. Each warrant is priced at Rs. 2.50 and is convertible into one equity share with a face value of Re. 1. This preferential allotment is set to raise approximately Rs. 49.96 Cr for the company. This capital infusion will support operations, while the eventual conversion into equity shares will expand the company's share base, impacting future ownership dynamics.
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