Board Meeting23 Jul 2026, 08:20 pm
Sanjivani Paranteral Ltd Approves Warrant Issue to Promoter
AI Summary
Sanjivani Paranteral Ltd's Board of Directors has approved the issue and allotment of up to 5,00,000 Fully Convertible Warrants to Mr. Ashwani Khemka, a promoter. The aggregate value of this preferential allotment is up to ₹7,36,95,000, with each warrant priced at ₹147.39. These warrants are convertible into equity shares within 18 months, subject to shareholder approval. The Board also approved material related party transactions with subsidiary SPL Infusion Private Limited and decided to issue a postal ballot notice for shareholder approval.
Key Highlights
- Board approves preferential issue of 5,00,000 warrants to promoter.
- Total issue size aggregates up to ₹7,36,95,000.
- Warrants priced at ₹147.39 each, convertible within 18 months.
- Shareholder approval required for warrant allotment and RPT.
- Postal ballot notice to be issued for shareholder consent.
Price Impact
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