UpdatesCompany Update
Modi Naturals Limited has secured trading approval from BSE for 6,50,000 newly issued equity shares, now listed and tradable on the exchange.
Modi Naturals Ltd519003 · Filed with the exchange
These shares, with a face value of Rs. 10 and issued at a premium of Rs. 197 each, represent a total value of approximately 13.46 Cr.
The allotment was made to promoters on a preferential basis following the conversion of warrants.
This finalizes the capital raising through warrant conversion, demonstrating continued promoter faith and bolstering the company's equity.
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