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Board approved preferential issue of up to 1.36 crore convertible warrants (1:1 into Rs10 shares) to promoter-group and non-promoter investors, convertible within 18 months with 25% upfront, subject to shareholder approvals; EGM notice to follow. Context: extends established promoter-linked funding pattern.
Bizotic Commercial Approves Up To 1.36 Crore Preferential Warrants
Bizotic Commercial Board Considers Preferential Equity And Warrant Fund Raise
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Bizotic Commercial Board to Consider Bonus Equity Share Issue