Investment27 March 2026 at 12:31 pm
Bizotic Commercial Ltd Receives 6th Tranche of Consideration for Convertible Warrants
AI Summary
Bizotic Commercial Ltd announced that its Board of Directors, at a meeting held on 27th March 2026, approved the receipt of the 6th tranche of consideration towards the allotment of Convertible Warrants. The warrants, priced at Rs. 290 each, were issued to Promoter and Promoter Group Category entities on a preferential basis. The company received Rs. 3,98,07,000 from Bizotic Nexus Private Limited for the 6th tranche.
Key Highlights
- Bizotic Commercial Ltd received the 6th tranche of consideration for Convertible Warrants
- The warrants were issued at a price of Rs. 290 each to Promoter and Promoter Group Category entities
- The company received Rs. 3,98,07,000 from Bizotic Nexus Private Limited for the 6th tranche
- The decision was made at the Board Meeting held on 27th March 2026
- The warrants were issued in accordance with the SEBI (ICDR) Regulations, 2018
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