process of redemption of share warrant issue on private placement basis ?????
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This discussion explores the process for a private company to redeem share warrants that were issued on a private placement basis. The company raised funds via warrants under Section 62(3) but hasn't utilised them due to various reasons, including the impact of COVID-19. The query seeks to understand the redemption procedure, particularly if there are alternative methods beyond the standard broker route.
This is the case of private company,which has issue it's share warrant under private placement, due to covid and other reason company has not utilise the frnd raise through issue of share warrant under section 62 (3), now company want to redeem it's share warrant is tere any other process
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