ADVANCE MULTITECH : ALLOTS 97.25 LAKH CONVERTIBLE WARRANTS WORTH OVER RS 9.73 CR

• Board approved allotment of 97,25,000 fully convertible warrants at ₹40 each, including ₹30 premium • Aggregate consideration ₹389 Cr; 25% upfront of ₹9.73 Cr already received • Balance ₹30 per warrant payable on conversion within 18 months from allotment • Each warrant convertible into one equity share of face value ₹10 • Allottees are 118 non-promoter investors; warrants locked-in per SEBI ICDR Chapter V

Advance Multitech Ltd

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