We hereby inform you that the Board of Directors in their meeting held today i.e. Monday, 29th September, 2025 at the Registered Office of the Company situated at 2/Udit Apartment, Nr. ....
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Bridge Securities' board, at a meeting on September 29, 2025, approved receipt of the 3rd tranche of consideration amounting to Rs. 72,49,782.50 from Keyventure Enterprises Private Limited. This tranche is against the earlier allotment of 52,63,000 convertible warrants issued at Rs. 5.51 each (including a Rs. 4.51 premium) on a preferential basis to a non-promoter entity. The first tranche of Rs. 72.49 lakhs and second tranche of Rs. 50 lakhs had already been received earlier. The warrants were allotted under SEBI's preferential issue rules. The board meeting ran from 3:40 PM to 4:00 PM at the company's registered office in Ahmedabad.
Completion of the final tranche of warrant consideration completes the funding inflow from this non-promoter allottee and adds to the company's capital base. Given the small absolute size (roughly Rs. 72.5 lakhs in this tranche), the impact on share price or shareholder value is likely minimal.