Avro India Ltd

šŸ“Š Avro India Ltd. Completes Warrant Conversion, Sees Capital Increase

- Allotted 1,06,090 equity shares to non-promoter warrant holders

- Issued at ā‚¹127.25 per share (face value ā‚¹10)

- Conversion exercised by four investors: Charuben Yogesh Ajmera (7,859 shares), Kumar Pandey (23,576 shares), Sunil Duggal (58,938 shares), Suresh Zunzunwala (15,717 shares)

- Paid-up equity capital increased from 1,33,11,050 shares (ā‚¹13,31,10,500) to 1,34,17,140 shares (ā‚¹13,41,71,400)

- 4,24,361 warrants lapsed due to non-payment of remaining 75% within 18 months

- Upfront 25% payment for lapsed warrants was forfeited