Ecofinity Atomix Plans ₹2.39 Cr Preferential Warrant Issue

Ecofinity Atomix Ltd announced a proposal to raise funds through a preferential issue of 23,90,000 Equity Warrants, each with a face value of ₹10, aggregating up to ₹2,39,00,000. The warrants will be issued to promoter and non-promoter/public categories. The company will seek shareholder approval via an Extra Ordinary General Meeting or Annual General Meeting. The warrants grant the right to subscribe to one equity share of face value ₹10 for each warrant within 18 months of allotment, upon payment of the full warrant price. The issue price will be determined as per SEBI ICDR Regulations.