AMANI TRADING & EXPORTS LTD. - 512008 - Announcement under Regulation 30 (LODR)-Preferential Issue
1.2 Pursuant to C-V of the SEBI ICDR, 2018 the Company decided to takeover the management control and EFC Limited for an enterprise value of Rs. 50,00,00,000/- against issue of shares @ Rs. 100/- per share of face value of Rs. 10/- each fully paid up, which will be issued for other than cash and on a going concern basis. In aggregate the company will subject to necessary statutory, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other approvals will be issued 50,00,000 equity shares of face value of Rs.10/- each against the said consideration of Rs. 50,00,00,000/- 2.the Board after due deliberation and considering the time period to complete the subscription process of convertible warrants into equity shares and issue of 17,50,000/- convertible warrants into equity shares @ Rs. 140/- per convertible warrant of face value of Rs. 10/- each fully paid up aggregating to 17,50,000/- equity shares of face value of Rs.10/- each11-06-2022