AUDROC Capital Structure Change
Audroc Ltd has allotted 7.50 crore fully convertible equity warrants to two non-promoter allottees. The warrants were issued at Rs. 4.00 each on a preferential basis.
- Value
- ₹30.00 Cr
- Execution
- 18 months
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Audroc Ltd has allotted 7.50 crore fully convertible equity warrants to two non-promoter allottees. The warrants were issued at Rs. 4.00 each on a preferential basis.
Audroc Ltd has allotted 3,75,00,000 convertible equity warrants on a preferential basis to a non-promoter investor at an issue price of ₹4.00 per warrant. This allotment constitutes a change in capital structure.
Audroc Limited allotted 2.5 crore fully convertible equity warrants on a preferential basis to a promoter group investor at an issue price of Rs 4 per warrant.
Audroc Ltd shifted its registered office from Maharashtra to Gujarat, as approved by the Regional Director. The company updated its contact and address details accordingly.
Audroc Limited's board meeting outcome includes the appointment of a monitoring agency for its previously approved warrants and changes to the internal auditor.