AI assistant
Zen Technologies Ltd. — Capital/Financing Update 2023
May 25, 2023
60795_rns_2023-05-25_cd264f1d-658b-4c5b-9dce-20420c4bc6ef.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [596 x 91] intentionally omitted <==
Date: May 25, 2023
To To Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai- 400 051 Through: BSE Listing Centre Through: NEAPS
Security Code: 533339
Symbol: ZENTEC
Dear Sir/Madam,
Subject: Intimation of allotment of 40,64,627 equity shares on conversion of Compulsory Convertible Debentures (CCDs) and 4,69,633 equity shares on conversion of convertible warrants.
***
In continuation with the intimation submitted on November 25, 2021 and pursuant to the resolution passed by the shareholders of the Company, In-principle approval received from the BSE and NSE dated November 11, 2021 and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations, 2015”), we wish to inform you that the Board of Directors of the Company, vide circular resolutions dated May 24, 2023, has, inter alia, considered and approved:
- the allotment of 40,64,627 equity shares of Re.1/- each on conversion of compulsorily convertible debentures (CCDs) to the holders of CCDs belonging to "Public Category” as detailed below:
| S. No |
Name of the Allottee | Number of equity shares allotted |
|---|---|---|
| 1. | Massachusetts Institute Of Technology | 1,63,660 |
| 2. | Mukul Mahavir Agrawal | 11,26,765 |
| 3. | Chanakya Corporate Services Private Limited | 93,900 |
| 4. | Universityof Notre Dame DU LAC | 14,05,080 |
| 5. | GP EmergingMarkets Strategies LP | 4,05,440 |
| 6. | The Ram Fund LP | 4,52,330 |
| 7. | Pragma Fund SPC - Equities Segregated Portfolio | 2,29,652 |
| 8. | Jateen V Tanna | 93,900 |
| 9. | Emerge Capital Opportunities Scheme | 93,900 |
| Total | 40,64,627 |
==> picture [596 x 75] intentionally omitted <==
==> picture [596 x 91] intentionally omitted <==
- the allotment of 4,69,633 equity shares on conversion of convertible warrants to the holders of warrants belonging to “Promoter Category” as detailed below:
| S No | Name of the Allottee | Number of equity shares allotted |
|---|---|---|
| 1 | Ashok Atluri | 2,34,883 |
| 2 | Kishore Dutt Atluri | 2,34,750 |
| Total | 4,69,633 |
The information contained in this intimation is also available on the Company’s website at https://www.zentechnologies.com/corporate-announcements
Kindly take the same on record and acknowledge the receipt.
Thanking you. Yours faithfully,
For Zen Technologies Limited
Movva Digitally signed by Movva Raghavendra Raghavendra Prasad Date: 2023.05.25 11:18:43 Prasad +05'30'
M. Raghavendra Prasad
Company Secretary and Compliance Officer M. no. A41798
==> picture [596 x 75] intentionally omitted <==