Connplex Cinemas convertible warrants announcements

Convertible WarrantsConnplex Cinemas Ltd CONNPLEX

Connplex Cinemas Convertible Warrants

Connplex Cinemas allotted 8,00,000 convertible warrants at Rs 233.05 each to two non-promoter investors. The total allotment amount is Rs 18.64 Crore, with 25% payable on allotment.

Value

₹18.64 Cr

Execution

Warrants convertible within 18 months of allotment, last conversion date April 29, 2028; unexercised warrants lapse by April 30, 2028

Convertible WarrantsConnplex Cinemas Ltd CONNPLEX

Connplex Cinemas Convertible Warrants

Connplex Cinemas Limited declared EGM voting results approving the issuance of 8,00,000 convertible warrants on a preferential basis to investors.