Notice of Extraordinary General Meeting to the members of PayMate India Limited. - June 24, 2024

Notice of Extraordinary General Meeting to the members of PayMate India Limited. - June 24, 2024
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Financial Analyst Intern
Publish Date26 June 2024
Reading time2 Min

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Special Business

  • ​To consider and approve the withdrawal of the offer for the issue of Non-Cumulative Participating Compulsorily Convertible Preference Shares (“CCPS”) of re. 1/- each fully paid-up on private placement cum preferential allotment basis approved in the Extra-ordinary General Meeting held on 11th May 2024.
  • To approve the issue of equity shares of re. 1/- each fully paid up on private placement cum preferential allotment basis.

​

Sr. No.
Name of Proposed Investor
Address of the Proposed Investor
No. of Equity Shares at a face value of Rs. 1/- per share
Proposed Subscription Amount (Approximate in USD)
1
Anil Chandirani
Villa 353, 11B ST ALSAFFA, 1st Dubai, UAE

1,48,215

USD 10,00,000
2
Yenduri Sreenivasa Rao
Flat No.306, Vijaya Ganapathi Towers, Amara Vari Veedhi, Andhra Pradesh-523155.
7,190
USD 48,180.66

3
Gaurav Panjwani
Sak A-602, Sheikh Hamdan building, Bur Dubai
1,785
USD 11,961.40

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