Held on 13 January 2021The Board of Narbada Gems and Jewellery at the meeting held on 13 January 2021 has approved to issue and allot 91,00,000 Equity Warrants to the Applicants at a total price of Rs. l7l- per warrant, to be converted into Equity Shares on Preferential Basis to Promoters/Promoter Group and Non-Promoter Individuals, convertible into equal number of Equity Shares within a period of I8 months from the date ofallotment of warrants in one ot more tranches.
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