Jayant Infratech Ltd - 543544 - Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Allotment Of 22,22,000 Fully Convertible Warrants On Preferential Basis.
This is in furtherance to the intimation given by the Company to the exchange on 20.11.2023. Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 , this to inform you that pursuant to the approval of the Board of Directors 2023 and approval of the members granted on 21.12.2023 vide Postal Ballot and pursuant to in-principle approval granted by BSE Limited vide their letter dated 12.02.2024 and upon receipt of an amount aggregating to Rs. 6,27,71,500/- at the rate of Rs. 28.25/- per warrant, and application forms from the proposed allottees, the Board of Directors of the Company, has on 22.02.2024, considered and approved the allotment of 22,22,000 warrants at a price of Rs. 113/-each payable in cash, aggregating upto Rs. 25,10,86,000 on preferential basis to certain identified non-promoter persons ("Allottees") as mentioned in the Postal Ballot Notice and as per the list enclosed marked as Annexure-I.22-02-2024