Anlon Healthcare Plans ₹250 Cr Preferential Issue

Anlon Healthcare Limited announced that its Board of Directors has approved a proposal to raise funds up to ₹250 crore through a preferential issue of warrants. These warrants will be convertible into equity shares and will be offered to promoters and public investors. The funds will be raised via cash consideration, with 25% payable on allotment and the remaining 75% upon exercise of options. The option must be exercised within 18 months, failing which the consideration will be forfeited.