Board Meeting31 Aug 2026, 10:40 pm
Wardwizard Healthcare Increases Authorized Capital, Approves Warrant Issue
AI Summary
Wardwizard Healthcare Ltd's Board of Directors met on August 31, 2026, to approve a significant increase in the company's authorized share capital from ₹7.50 Crores to ₹25 Crores. The board also approved the preferential issue of up to 1,25,00,000 warrants, convertible into equity shares, aggregating up to ₹12.50 Crores. Additionally, Ms. Sathi Kundu was appointed as an Additional Director (Independent Director) for a five-year term.
Key Highlights
- Authorized share capital increased from ₹7.50 Cr to ₹25 Cr.
- Board approved preferential issue of 1.25 Cr warrants for ₹12.50 Cr.
- Warrants are convertible into equity shares within 18 months.
- Ms. Sathi Kundu appointed as Additional Independent Director.
- Approvals from members and regulatory bodies are pending.
Price Impact
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