At meeting held on 27 December 2018
The Board of Zen Technologies at its meeting held on 27 December 2018 has approved the following -Approved the proposal for issue of 23,49,940 Convertible Warrants, convertible into one equity share upon exercising the Warrant, at an issue price of Rs. 76 per Warrant so as to raise up to Rs. 17.85 crore on a preferential basis to Investors.
Approved convening of an Extra-Ordinary General Meeting (EGM) of the Company to be held on 22 January, 2019 for seeking the shareholders approval for the aforesaid preferential issue.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app