Variman Global Enterprises board approves warrants issue, stock split

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The Board of Variman Global Enterprises Limited at its meeting held on Tuesday, 03.05.2022 has considered and approved the allotment of 80,600 Equity Shares and 2,35,000 convertible warrants, both at an issue price Rs. 165/- per share (including a premium of Rs. 155/- per share).

The board also approved splitting of the face value of the existing equity shares from Rs. 10/- per share to Re. 1 share, subject to the approval of the share holders in the next general meeting.