Neetu Yoshi Limited Raises Rs 27.48 Cr Through Allotment of 26.42 Lakh Convertible Warrants
Dehradun (Uttarakhand) [India], September 01: Neetu Yoshi Limited (BSE: 544434), a leading RDSO-certified manufacturer of customized ferrous metallurgical products, is pleased to announce that the Board of Directors of the Company has approved the allotment of 26.42 Lakh convertible warrants at a price of ₹104/- per warrant on a preferential basis to Promoters and Non-Promoters.
Preferential Issue At A Glance:
· Total warrants allotted: 26.42 Lakh convertible warrants
· Issue price: ₹104/- per warrant
· Total Issue Size: ~₹27.48 Cr
· Type of issuance: Preferential Issue / Private Placement
· Conversion: Each warrant is convertible into one equity share, exercisable within 18 months from the date of allotment
Allottees &...