Fredun Pharmaceuticals Ltd - 539730 - Board Meeting Outcome for Allotment Of 31,100 Equity Shares To Non-Promoter Upon Conversion Of Warrants Into Equity Shares
We would like to inform that the Warrant Holders have paid the balance of the consideration aggregating to Rs. 1,54,90,910/- and have applied for exercising their rights for conversion of 31,100 warrants into equivalent number of Equity Shares. Consequently, the Board of Directors in its meeting held on i.e. August 10, 2023 has allotted 31,100 Equity Shares of face value Rs. 10/-each to the warrant holder10-08-2023