Corporate Action30 Oct 2026, 07:30 pm
Rollatainers Ltd Approves Warrant Issue and Name Change
AI Summary
Rollatainers Ltd's Board of Directors approved the issue and allotment of 22,42,15,245 convertible equity warrants at Rs. 2.23 each, totaling Rs. 49.99 Crore. The company has received 25% of the consideration. Additionally, the board approved a name change to AMAXIS GLOBAL LIMITED, subject to shareholder and regulatory approvals. Other key decisions include altering the Memorandum of Association, shifting the registered office, approving a related party transaction, and approving a postal ballot notice. The board meeting was held on October 30, 2026.
Key Highlights
- Allotment of 22.42 Crore convertible warrants at Rs. 2.23 each.
- Total issue size for warrants is Rs. 49.99 Crore.
- Company proposes to change its name to AMAXIS GLOBAL LIMITED.
- Board approved related party transaction and postal ballot notice.
- Registered office to be shifted to Manesar, Gurgaon.
Price Impact
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