Board approved conversion of 80.5 lakh warrants into equity shares via preferential allotment on April 17, 2026.
Company received ₹5.43 crore as remaining 75% payment at ₹6.75 per warrant for the conversion.
Paid-up equity capital increased from ₹18.00 crore to ₹19.61 crore with 98.06 lakh shares outstanding post-allotment.
Four allottees participated, with Luharuka Investment becoming largest shareholder at 24.37% post-conversion.