Board approved raising up to ₹66 crore via preferential allotment of 1.87 crore convertible warrants at ₹35.20 per share.
Noted no deviation in use of ₹149.52 crore funds raised via October 2025 preferential issue per monitoring agency report.
Approved convening an EGM on June 8, 2026 to seek shareholder approval for the warrant issuance.
Post-issue, promoter holding will dilute from 40.51% to 38.56% upon full conversion of warrants.