Intimation regarding In-principal approval received from stock exchanges for issue of convertible warrants on preferential basis to non-promoter category

Almondz Global Securities Ltd has received in-principle approval from both BSE and NSE for its proposed preferential issue. The company plans to issue 8,000,000 warrants, each convertible into one equity share, to non-promoter entities. The issue price for these warrants will be not less than Rs. 16.58 per equity share, paving the way for the company to raise significant capital subject to fulfilling various regulatory conditions.