Balaji Phosphates Fund Raise of ₹23.45 Cr
Balaji Phosphates received shareholder approval to issue 25,00,000 convertible warrants worth ₹23.45 Crore and 14,49,900 equity shares for a business acquisition via preferential issue.
- Value
- ₹23.45 Cr
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Balaji Phosphates received shareholder approval to issue 25,00,000 convertible warrants worth ₹23.45 Crore and 14,49,900 equity shares for a business acquisition via preferential issue.
Balaji Phosphates' shareholders approved the issuance of 5,146,350 convertible warrants and 1,449,900 equity shares to promoters and other investors at the 30th AGM.
Balaji Phosphates Limited issued a corrigendum to its 30th Annual General Meeting notice. The amendment provides revisions to the proposed preferential share allotment for business acquisition.