News Announcement

D.P. Abhushan: Board Meeting Outcome for Outcome Of The Board Meeting Held Today July 05 2024

1) Allotment of 356070 equity shares having face value Rupees 10.00 (Rupees Ten only) each for cash at a price of Rupees 1 182.00 per equity share (including a premium of Rupees 1 172.00 per equity share) aggregating to Rupees 42 08 74 740.00 by way of a preferential issue to the allottee as approved by the Members of the Company. Consequent to above mentioned allotment the issued subscribed and paid-up equity share capital of the Company stands increased to Rupees 22 61 09 200.00 divided into 22610920 equity shares of face value of Rupees 10.00 each fully paid. Equity shares allotted on the preferential allotment basis shall rank pari passu with the existing equity shares of the Company in all respects.2) Allotment of 217000 Fully Convertible Equity Warrants (Warrants) at an issue price of Rupees 1 182.00 per warrant in respect of which warrant subscription amounts of Rupees 297.00 per convertible warrant aggregating to Rupees 6 44 49 000.00 have been received.


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