
Board Meeting11 Sept 2026, 11:20 am
Evexia Lifecare: Board Approves FCCB Conversion to Equity
AI Summary
Evexia Lifecare Ltd announced that its Board of Directors, in a meeting held on September 11, 2026, approved the conversion of 50 Foreign Currency Convertible Bonds (FCCBs) into equity shares. This action aligns with the terms and conditions previously established for the FCCB issue, which had been approved by the company's members in the Annual General Meeting on July 9, 2022. The board meeting took place at the company's corporate office in Vadodara and lasted for one hour.
Key Highlights
- Board approved conversion of 50 FCCBs into equity shares.
- Conversion is as per terms and conditions of the FCCB issue.
- FCCB issue was previously approved by shareholders in July 2022.
- Board meeting held on September 11, 2026.
Price Impact
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