Cellecor Gadgets Board Meeting Outcome
Cellecor Gadgets' board approved AGM convening on Sept 30 and revised MD remuneration. Ms. Pooja Tyagi resigned as Company Secretary; Mr. Ankit Bhatnagar appointed in her place.
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Cellecor Gadgets' board approved AGM convening on Sept 30 and revised MD remuneration. Ms. Pooja Tyagi resigned as Company Secretary; Mr. Ankit Bhatnagar appointed in her place.
Cellecor Gadgets approved migrating from NSE Emerge to the main board, listing on BSE, initiating ESOP 2026, and updating senior leadership and authorised capital.
Cellecor Gadgets Limited approved the allotment of 330 Unsecured Foreign Currency Convertible Bonds (FCCBs) totaling USD 33 million (₹310.2 Crore). The bonds carry a 2% annual coupon rate with a 60-month tenure and were issued at a 12% discount. This capital raise will support the company's long-term financial objectives.
Cellecor Gadgets approved a ₹98 Crore fundraise via preferential issuance of 3.5 crore convertible warrants to Promoter Mr. Ravi Agarwal at ₹28 per warrant. The company also addressed an NSE non-compliance fine and initiated a postal ballot for shareholder approval.