The Board of Directors has approved the allotment of 4,00,000 equity shares of face value ₹10 each at a premium of ₹298.50 per share. This follows the conversion of the same number of convertible warrants, generating a total amount of ₹12.34 Crores. Consequently, the company's paid-up share capital now stands at ₹12.43 Crores, reflecting the new shareholding structure. Post-allotment, the promoter group's stake marginally decreased to 29.38%, while public shareholding increased to 70.62%.