Koura Fine Diamond Jewelry Secures BSE Approval for Preferential Issue of Shares and Warrants
Koura Fine Diamond Jewelry Limited (BSE: 544139) has obtained in-principle approval from the Bombay Stock Exchange for a preferential issue of 6,50,000 equity shares to promoters and 25,00,000 convertible warrants to promoters and non-promoters. The issue price is set at a minimum of Rs. 31.30 per share. The company must comply with regulatory requirements and submit a listing application within 20 days of allotment. This move is aimed at strengthening the company's capital base.