💨 Abstract

Medicamen Organics Limited has successfully allotted 4,65,910 fully convertible warrants to Bal Kishan Gupta, a promoter of the company, for Rs64.39 each. The warrants are convertible into equity shares within 18 months, with 25% payment at allotment and the remaining 75% upon conversion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖