Chothani Foods Ltd

The Board considered and approved raising of funds through Issue of fully convertible warrants each carrying a right exercisable by the warrant holders to subscribe within a maximum period of 18 months from the date of allotment of Warrants to One Equity share against each warrant at a price of Rs. 15.57/- (including the warrant subscription price and warrant exercise price to persons belonging to Promoter and Non- promoter Group on Preferential issue basis in accordance with the provisions of Chapter V of SEBI (ICDR) Regulation.