Fredun Pharmaceuticals Ltd - 539730 - Board Meeting Outcome for Board Meeting Outcome For Allotment Of 5000 Equity Shares To Non-Promoter Upon Conversion Of Warrants Into Equity Shares
This is to inform you that the Board of the Directors of the Company had pursuant to the approval of Shareholders in their Extra-Ordinary General Meeting held on September 23, 2022, has done allotment of convertible warrants on preferential basis to Non-promoters on March 22, 2024. Further, we would like to inform that the Warrant Holder have paid the balance of the consideration aggregating to Rs 12,45,250/- and have applied for exercising their rights for conversion of 2,500 warrants into equivalent number of equity Shares.22-03-2024