The Board of Directors of Variman Global Enterprises Limited in its meeting held on Thursday, 05.01.2023 at 4.45 p.m. at the registered office of the company considered and approved the allotment of 1,15,00,000 equity shares of Re. 1/- each pursuant to conversion of 1,15,00,000 convertible warrants of Re. 1/- each at an issue price of Rs. 3.30/- per share, including a premium of Rs. 2.30/- per share.
(Pre stock split - 11,50,000 convertible warrants of Rs.10/- each at an issue price of Rs. 33/- per share including a premium of Rs. 23/- per share).