We hereby inform you that the Board of Directors, at its meeting held today, i.e., Friday, 27th March, 2026, at the Registered Office of the Company situated at 15, Ashwamegh Warehouses, ....
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The Board of Directors of Bizotic Commercial Ltd, at its meeting held on 27th March 2026, approved the receipt of Rs. 3.98 crores (Rs. 3,98,07,000) as the 6th tranche of consideration towards the allotment of Convertible Warrants. The warrants were issued on a preferential basis to the Promoter and Promoter Group at Rs. 290 each, comprising a face value of Rs. 10 and a premium of Rs. 280 per warrant. The consideration in this tranche was received from M/s. Bizotic Nexus Private Limited. The allotment was made under Chapter V of SEBI's ICDR Regulations, 2018.
This signals continued promoter group commitment, with fresh capital of nearly Rs. 4 crores being infused into the company. Shareholders should note that eventual conversion of these warrants will lead to dilution of existing shareholding, though promoter confidence is a positive signal.