KRSNAA : GETS IN-PRINCIPLE APPROVAL FOR RS 91.75 CR PREFERENTIAL WARRANT ISSUE

• BSE and NSE grant in-principle approval for issue of 16,21,000 convertible warrants to promoter and promoter group • Warrants convertible into 16,21,000 equity shares of face value ₹5 each at an issue price of ₹566 each • Issue on preferential basis under Regulation 28(1); total consideration works out to ~₹91.75 Cr • BSE approval letter contains certain factual errors that require rectification; corrected letter to be intimated separately • On conversion, share capital rises by ~0.162 Cr equity shares

Krsnaa Diagnostics Ltd

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