Board Meeting28 Aug 2026, 04:12 pm
One Point One Solutions to Raise ₹9 Cr via Warrants
AI Summary
One Point One Solutions Limited announced that its Board of Directors has approved the raising of funds up to ₹9 Crores through the issuance and allotment of up to 15,00,000 warrants to non-promoter investors on a preferential basis. Each warrant is convertible into one equity share of face value Rs. 2/- at an issue price of Rs. 60/- per warrant. The company also approved the draft notice for its Annual General Meeting (AGM) scheduled for September 25, 2026, to seek member approval for this preferential issue. The cut-off date for determining voting eligibility for the AGM is September 18, 2026.
Key Highlights
- Board approved preferential issue of up to 15 lakh warrants.
- Fundraising target set at ₹9 Crores.
- Warrants convertible into equity shares at ₹60 each.
- AGM scheduled for September 25, 2026, to approve the issue.
- Cut-off date for AGM voting eligibility is September 18, 2026.