Board approved preferential allotment of 8,80,000 share warrants at ₹106 each, aggregating ₹9.33 crore.
Allottees are promoter family members who paid ₹2.33 crore (25% upfront) with balance due within 18 months.
Warrants are convertible into equity shares of face value ₹10 each upon full payment of remaining 75%.