My Money Securities Ltd allots 19 lakh shares

The Board of Directors of My Money Securities Limited, at their meeting held today i.e., 27.03.2023, at 2:30 P.M has, considered and approved the allotment of 19,00,000 Equity Shares of face value of Rs. 10/- each pursuant to conversion of 19,00,000 Fully Convertible Warrants ('Warrants'), issued as on October 11, 2021 at an issue price of Rs. 12/- each, by way of preferential allotment, to the following persons belonging to 'Promoter' category:

Mr. Sanjai Seth (Promoter) - 10,00,000 warrants
My Money Technologies Private Ltd (Promoter) - 9,00,000 warrants

Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs.16,30,03,000/-divided into 1,63.00,300 Equity Shares of face value of Rs.10/- each.

Source : Equity Bulls

Keywords

MyMoneySecurities SharesAllotment WarrantsConversion Promoter