Infibeam Avenues allots 950 cr convertible warrants

12 Oct 2022 , 01:34 AM

Infibeam Avenues has allotted 95000000 fully convertible warrants to Vybe Ventures LLP other than the Promoters and Promoter Group on preferential issue basis with a right to the warrant holder to apply for and be allotted 1 one equity share of Re 1 each of the company at an issue price of Rs 17 per share including premium of Rs 16 per share for each warrant within a period of 18 months from the date of allotment of the said warrants