NEW DELHI: Pure vegetarian animal healthcare solutions company Ajooni Biotech on Monday said it will raise Rs 45 crore through the issuance of 5 crore convertible warrants at Rs 9 each to promoters, non-promoters, including funds and corporates.
Ajooni Biotech Ltd (NSE: AJOONI), a pure veg animal health care solutions company, has made two strategic decisions aimed at enhancing its financial structure and supporting future growth initiatives, a company statement said.
The Board of Directors has approved an increase in the company’s Authorised Share Capital from Rs 40 crore to Rs 50 crore with the new shares ranking pari passu with the existing equity shares, according to the statement. PTI
ADVERTISEMENT
