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Chennai, Nov. 22 Lyka Labs Ltd has informed the BSE that an EGM of the members of the company will be held on December 8 to offer, issue and allot by way of preferential allotment up to 36.5 lakh equity shares of Rs 10 each of the company for cash at Rs 55 per share to foreign investor, business associates, FIIs, body corporates and other domestic investors as the board may deem fit, and up to two lakh equity share warrants to be converted into two lakh shares of Rs 10 each within 18 months at an exercise price of Rs 55 and 20 lakh warrants to promoters/promoter group of the company, each warrant entitling the holder thereof to apply for and be allotted one equity share, at an exercise price of Rs 55 per share. —

Our Bureau

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