Board Meeting29 Jul 2026, 02:19 pm
Pro Clb Global Ltd Revises Allottee Name, Approves Capital Increase
AI Summary
Pro Clb Global Ltd has issued a revised outcome of its Board Meeting held on July 29, 2026. The revision corrects a typographical error in the name of a proposed allottee from Truptiben Nileshbhai Vora to Truptiben Nileshbhai Shah. The board also approved an increase in the authorized share capital from ₹6.25 crore to ₹16.75 crore, subject to member approval. Additionally, the company decided to raise funds by issuing up to 1,16,14,250 warrants at a minimum price of ₹32.20 per warrant, with the right to convert each warrant into one equity share within 18 months.
Key Highlights
- Typographical error in an allottee's name corrected.
- Authorized share capital to increase from ₹6.25 Cr to ₹16.75 Cr.
- Fundraising via issuance of 1.16 crore warrants approved.
- Warrants convertible to equity shares within 18 months.
- Minimum issue price for warrants set at ₹32.20.
Price Impact
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