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Allotted 39.97 lakh warrants at Rs40.50 for Rs16.19cr to promoter Bagdiya and Zest Performancewear LLP after AGM and NSE approvals, receiving 25% upfront Rs4.20cr with balance within 18 months, raising promoter stake to 56.76% on conversion. Context: advances insider preferential funding stage.
Ken Enterprises Approves ₹16.19 Crore Promoter Convertible Warrant Issue
Ken Enterprises Approves ₹16.19 Crore Promoter Convertible Warrant Issue
Ken Enterprises Schedules Board Meeting To Consider Promoter Convertible Warrants