Emerald Leisures Ltd — Important, 17-12-2025: Company Update
17-12-2025 | 04:16 pm
17-12-2025 | 04:16 pm
Emerald Leisures Limited has withdrawn its proposed preferential issue of 29.68 Lakh convertible warrants. This decision follows investors informing the company they could not remit the required subscription before the deadline. As a result, the company could not complete the allotment within the necessary timeframe after receiving in-principle approval. The proposed capital raise through these warrants to promoters, promoter group, and non-promoters is now postponed. This impacts the company's immediate funding plans.
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