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Prajay Engineers Syndicate Announces Convertible Warrants Issuance and Key Appointments

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Prajay Engineers Syndicate Announces Convertible Warrants Issuance and Key Appointments

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Prajay Engineers Syndicate Ltd ( (IN:PRAENG) ) has provided an announcement.

Prajay Engineers Syndicate Limited has announced key decisions from its recent Board of Directors meeting held on September 2, 2025. The company approved the issuance of 72,69,566 convertible warrants at a price of Rs. 23 per warrant, which can be converted into equity shares, pending shareholder approval. Additionally, the board approved the formation of an Allotment Committee, scheduled the 31st Annual General Meeting for September 29, 2025, and made several appointments and reappointments, including that of independent directors and secretarial auditors.

More about Prajay Engineers Syndicate Ltd

Average Trading Volume: 38,608

Technical Sentiment Signal: Buy

Current Market Cap: 1.9B INR

See more data about PRAENG stock on TipRanks’ Stock Analysis page.

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