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Corporate Action29 Oct 2026, 04:18 pm

Ambassador Intra Holdings Receives ₹40 Lakhs for Warrant Allotment

AI Summary

Ambassador Intra Holdings Ltd announced the receipt of the 3rd tranche of consideration for the allotment of convertible warrants. The company received ₹40,00,000 (Rupees Forty Lakhs Only) from Garima Venture Finance Ltd. These warrants were issued at a price of ₹21.50 each, including a premium of ₹11.50 and a face value of ₹10.00, on a preferential basis to the public category.

Key Highlights

  • Board approved receipt of 3rd tranche consideration for warrants.
  • ₹40 Lakhs received from Garima Venture Finance Ltd.
  • Warrants issued at ₹21.50 each on preferential basis.
  • Transaction aligns with SEBI (ICDR) Regulations, 2018.