Outcome of the Board Meeting_Issue of Warrants on Preferential Basis
Price
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Awaiting price reaction for this filing.
The board of Gilada Finance & Investments Ltd met on December 6, 2025, and approved a proposal to issue warrants on a preferential basis, along with authorizing the issuance of an EGM notice. Separately, the company allotted 1 Non-Convertible Debenture (NCD) of face value Rs. 1,00,000 at a coupon of 11.25% per annum for a 1-year tenure via private placement. The board also approved opening a new demat and trading account in the company's name. No specific pricing or number of warrants was disclosed in this filing.
The preferential issue of warrants, once executed, may lead to dilution of existing shareholders' equity. The single NCD allotment of Rs. 1 lakh is a tiny private placement with negligible financial impact on the company.