Emerald Leisures Ltd — Important, 03-12-2025: Company Update

Emerald Leisure Limited (EMERALL) has received In-Principle approval from BSE Limited for its proposed preferential issue of convertible warrants. This approval clears the way for issuing 0.2968 Cr warrants, convertible into equity shares with a face value of Rs. 5 each, at an issue price of Rs. 225 per warrant (including a Rs. 220 premium). These warrants will be allocated to promoters and non-promoters. This development is a key step in the company's fundraising efforts, impacting its equity structure and capital base.