Investment3 Feb 2024, 09:15 pm
Master Trust Ltd to issue 2850000 warrants on preferential basis
AI Summary
The company has issued a private placement cum application letter to proposed allottees for the acceptance of above warrants with payment of warrant subscription price being 25% of the issue price per warrant. The offer was open from Wednesday, 31st January, 2024 to Saturday, 3rd February, 2024 and the company has received the full subscription amount aggregating to Rs. 24,93,75,000 at the rate of Rs. 87.5/- per warrant as warrant subscription price as on 3rd February, 2024.,
Key Highlights
- 28,50,000 warrants to be issued on preferential basis
- Full subscription amount received aggregating to Rs. 24,93,75,000
- Offer was open from Wednesday, 31st January, 2024 to Saturday, 3rd February, 2024