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The Board of Directors has approved the allotment of 1,00,000 Equity Shares at a face value of ₹10 each, following the conversion of 1,00,000 Fully Convertible Equity Warrants at an issue price of ₹24 each through a preferential allotment. This involves two non-promoter individuals, each receiving 50,000 shares. Post-allotment, the company's paid-up equity capital has increased to ₹19.13 crore, divided into 1,91,29,364 Equity Shares. The remaining 57,00,000 Equity Warrants are expected to be converted within 18 months upon payment.