TeleCanor Global Ltd — Important, 24-11-2025: Company Update
24-11-2025 | 02:39 pm
24-11-2025 | 02:39 pm
The company issued a revised outcome from its board meeting, clarifying details on a preferential issue. It has allotted 2,00,000 fully convertible equity warrants to promoter Ms. Vijay Lakshmi Praturi. Each warrant is priced at Rs. 10. An upfront payment of Rs. 5,00,000 (0.05 Cr), representing 25% of the total consideration, was received for these warrants. Each warrant can be converted into one equity share within 18 months, signaling a cash infusion from the promoter into the company.
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