Board Meeting29 Jul 2026, 04:19 pm
Pro Clb Global Ltd Corrects Warrant Allotment Details
AI Summary
Pro Clb Global Ltd has issued a revised outcome following a board meeting held on July 29, 2026. The company identified a typographical error in the number of warrants proposed to be allotted to Dimpleben Parasbhai Timania, correcting it from 21,313 to 21,310. The board also approved an increase in authorized share capital from ₹6.25 crore to ₹16.75 crore and decided in-principle to raise funds by issuing up to 1,16,14,250 warrants at a minimum price of ₹32.20 each, convertible into equity shares within 18 months. The filing lists numerous proposed allottees for these warrants.
Key Highlights
- Typographical error in warrant allotment corrected for one allottee.
- Authorized share capital increased from ₹6.25 crore to ₹16.75 crore.
- Board decided to raise funds via issuance of up to 1.16 crore warrants.
- Warrants to be issued at a minimum price of ₹32.20 each.
- Warrants convertible to equity shares within 18 months of allotment.
Price Impact
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