Kajaria Ceramics - allotment of convertible warrants
Authority to the Board to create, offer, issue and allot from time to time in two trenches up to 1,27,00,000 convertible warrants on a preferential basis to promoters / promoter group of the Company entitling the holder of each warrant to apply for and obtain allotment of one equity share against such warrant in such manner and on such price, terms and conditions as may be determined by the Board in accordance with the SEBI (DIP) Guidelines or other provisions of the law as may be prevailing at the time, provided that the minimum price of warrants so issued shall not be less than the price arrived at in accordance with provisions of Chapter XIII of SEBI (DIP) Guidelines, subject to necessary provisions & approvals.
