TeleCanor Global Ltd — Important, 24-11-2025: Company Update
24-11-2025 | 10:05 pm
24-11-2025 | 10:05 pm
Telecanor Global's board has approved the allotment of 8 lakh (0.8 Cr) new equity shares, each priced at Rs. 10. These shares were issued to Ms. Priti Shah (a Non-Promoter) after she converted 8 lakh equity share warrants by paying the remaining 75% consideration of Rs. 7.5 per share. This conversion is part of an earlier preferential allotment where 40 lakh (4 Cr) warrants were initially issued. The conversion increases the company's equity base and reflects a partial execution of the outstanding warrants.
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