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Incorporated in 1985, Ambey Laboratories manufactures agrochemical products for crop protection.
Dhansa Labs has allotted 3,63,043 new equity shares at an issue price of Rs. 46 each after an investor converted their warrants. This transaction injected Rs. 1.67 Cr into the company. Following this, the company's paid-up equity share capital now stands at 2.69 crore shares, totaling Rs. 26.90 Cr. Importantly,...
Dhansa Labs experienced a procedural oversight, omitting a key certificate from its shareholder ballot notice. The certificate has since been submitted, and the company is strengthening compliance to prevent recurrence.
Dhansa Labs' allotment committee approved the conversion of 3,60,870 warrants into an equal number of fully paid-up equity shares. These shares were issued to Meena Nayan Patel at Rs. 46 each, including a Rs. 36 premium. The company received Rs. 1.25 Cr as the balance payment, totaling Rs. 1.66 Cr...
Dhansa Labs clarified it does not fall under the 'Large Corporate' category. This implies it's exempt from certain compliance frameworks typically applicable to larger entities.
Dhansa Labs' promoters declared their collective holding of 1.75 Cr equity shares remains unencumbered. This update indicates strong promoter commitment and financial stability, mitigating risks associated with pledged shares.