Imagicaaworld Allots 2.34 Cr Equity Shares on Warrant Conversion

Imagicaaworld Entertainment Ltd has announced the allotment of 2,34,82,500 fully paid equity shares of face value ₹10 each at an issue price of ₹73.50 per share. This allotment is pursuant to the conversion of convertible warrants, with the balance 75% of the subscription amount received. The total consideration for this allotment amounts to ₹172,59,63,750. Following this, the company's issued, subscribed, and paid-up equity share capital has increased to ₹5,89,34,39,470, comprising 58,93,43,947 equity shares. The new shares will rank pari-passu with existing shares and will be listed on BSE and NSE.