ALPHA TRIBE

Royal Sense LtdImportant, 17-12-2025: Company Update

17-12-2025 | 06:22 pm

Royal Sense Limited's Board has approved the allotment of 3,92,000 warrants, convertible into equity shares, at a price of Rs. 251 each. This preferential allotment aggregates to Rs 9.84 Cr, with 25% of the total consideration already received. This initial capital inflow boosts the company's immediate resources. The remaining payment, securing the full Rs 9.84 Cr, will occur upon warrant conversion into equity shares within 18 months, which will then increase the company's paid-up capital. This move strengthens the company's financial position for future initiatives.

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