Eyantra Ventures Limited, in its Board Meeting held on January 17, 2025, announced the approval for the allotment of 1,87,500 equity shares on a preferential basis at a price of Rs. 800 each. The face value of these shares is Rs. 10 each. This allotment follows the company’s previous communications, particularly the letters sent on November 20, 2024, and December 19, 2024, concerning the approval for the issue of equity shares on a preferential basis. This decision comes after receiving the in-principle approval from BSE Limited, dated January 3, 2025, for the preferential issue of shares.

The company’s board meeting was convened at 4:00 PM and concluded at 4:22 PM. The equity shares allotted will rank pari-passu with the existing shares in terms of rights and privileges. The company has also confirmed that an application for the listing and trading approval of these newly allotted shares will be made in due course to BSE Limited.

The shares have been allotted to a total of 20 allottees, including both promoters and non-promoters. Among the promoter group, RAN Ventures Private Limited has received a major share of 28,345 equity shares. The non-promoter category includes individuals such as Kartik Bathla, Sudha Nichena, and others, with varying allotments ranging from 2,500 to 62,500 shares.

This allotment is being carried out in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, specifically under Regulation 169. These regulations ensure that the preferential issue process complies with the legal and regulatory requirements set forth by SEBI and the Companies Act of 2013. The allotment price of Rs. 800 per share reflects the valuation at the time of the preferential issue, providing an investment opportunity for the allottees.

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