Date: October 03, 2026

Board Meeting Outcomes

  • The company has received in-principle approval from NSE Limited for a preferential issue of warrants
  • Approval granted under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • NSE reference letter number: NSE/LIST/56946 dated October 01, 2026

Fundraising / Financing Details

  • Preferential Issue of up to 28,98,717 Warrants convertible into equity shares
  • Each warrant convertible into 1 Equity share of ₹10 each
  • Issue price: ₹147 per warrant
  • Total potential fundraising: Approximately ₹42.6 crore (28,98,717 warrants × ₹147)
  • Allottees: Non-promoters on preferential basis