Investment8 April 2026 at 10:11 am
Pune E - Stock Broking Ltd Approves PAS-4 for Issuance of Convertible Warrants
AI Summary
Pune E - Stock Broking Ltd announced the outcome of its Board of Directors meeting held on April 08, 2026. The board approved the PAS-4, which includes the issuance and allotment of 16,00,000 convertible warrants at a price of Rs. 234/- per warrant on a preferential basis. This approval comes after obtaining shareholders' approval at the Extra-Ordinary General Meeting held on March 13, 2026, and the In-principle approval from BSE dated April 02, 2026. The meeting started at 03:00 PM and concluded at 03.20 PM.
Key Highlights
- Pune E - Stock Broking Ltd approved PAS-4 for issuance and allotment of convertible warrants.
- 16,00,000 convertible warrants will be issued at a price of Rs. 234/- per warrant on a preferential basis.
- Shareholders' approval was obtained at the Extra-Ordinary General Meeting held on March 13, 2026.
- BSE granted In-principle approval on April 02, 2026.
- The Board of Directors meeting commenced at 03:00 PM and concluded at 03.20 PM.