Investment21 Feb 2026, 06:22 pm
Bizotic Commercial Ltd Allots 12,58,000 Convertible Warrants to Promoter Group
AI Summary
Bizotic Commercial Ltd announced the allotment of 12,58,000 Convertible Warrants to promoters and promoter group entities at a price of Rs. 290.00 per Warrant. Each Warrant is convertible into one fully paid-up Equity Share of the Company having a face value of Rs. 10.00 within 18 months from the date of allotment. The allottees include Sangita Annmol Aggarwala, Bizotic Dynamics Private Limited, Bizotic India Private Limited, and Bizotic Nexus Private Limited. The total consideration for the Warrants is Rs. 9,12,05,000.
Key Highlights
- Bizotic Commercial Ltd allotted 12,58,000 Convertible Warrants to promoters and promoter group entities.
- The Warrants are priced at Rs. 290.00 per Warrant, with a premium of Rs. 280.00 per Warrant.
- Each Warrant is convertible into one fully paid-up Equity Share of the Company within 18 months from the date of allotment.
- The total consideration for the Warrants is Rs. 9,12,05,000.
- The allottees include Sangita Annmol Aggarwala, Bizotic Dynamics Private Limited, Bizotic India Private Limited, and Bizotic Nexus Private Limited.