Active Clothing Co Limited Board Clears ₹23 Cr Fund Raise via Warrants

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Mohali [India], January 28: Active Clothing Co limited(BSE – 541144), India’s one of the leading design-to-shelf platforms, specializing in flat-knitted sweaters, jackets, and circular-knitted apparel for global fashion brands, has announced the approval of a preferential issue of warrants by its Board.

The Board has approved the issue of up to 20,00,000 warrants, each convertible into or exchangeable for one fully paid-up equity share of the Company having a face value of ₹10 each. The warrants will be issued at a price…



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Active Clothing Co Limited Board Clears ₹23 Cr Fund Raise via Warrants


Mohali [India], January 28: Active Clothing Co limited(BSE – 541144), India’s one of the leading design-to-shelf platforms, specializing in flat-knitted sweaters, jackets, and circular-knitted apparel for global fashion brands, has announced the approval of a preferential issue of warrants by its Board.

The Board has approved the issue of up to 20,00,000 warrants, each convertible into or exchangeable for one fully paid-up equity share of the Company having a face value of ₹10 each. The warrants will be issued at a price…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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