Fundraise / allotmentFiled on NSE ·
Sahana System Limited approves preferential issue of warrants and director appointment
What the filing says
- Approved preferential issue of 13,15,789 equity warrants at ₹950 each for ₹125 crore on October 16, 2026, to 4 non-promoter investors.
- Warrants convertible into equal number of shares within 18 months; investors include Shrem Investments Pvt Ltd, Bhavesh Joshi, Ashish Bhutani, and Magnanimous Trade & Finance Ltd.
- Appointed Mr. Ringkesh Jain as Additional and Independent Director for five years from October 16, 2026, subject to shareholder approval.
Original filing
Outcome of Board Meeting
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.